April 15th is usually tax day. But the date that the Internal Revenue Service (IRS) will start processing electronically filed tax returns varies from year to year, according to USAToday. For example, last year the agency began accepting individual declarations on January 24th. But in…

You already know that you do not need to pay federal income tax on all of your income. What exactly should you deduct from your taxes to reduce total taxable income? Go Banking Rates explains. You have a chance to get to know the most ...

If you're one of the estimated 15 million U.S. taxpayers who asked the Internal Revenue Service (IRS) for an extension to file their taxes in April, the time to submit returns and transfer funds is almost over. USA Today tells what it's worth...

In the event that you are unable to pay the taxes due from you by the date of filing the tax return (in 2017 it is April 17), interest and monthly late fees are charged on your debt. Penalty is also charged for failure to submit tax ...