Tax Preparation and Filing

This living topic covers a variety of current issues and practical tips related to tax preparation and filing. It includes the latest updates from the IRS, such as new tools and resources to streamline the filing process, important dates for the 2024 tax season, and changes in tax laws. The content also addresses legal actions against tax preparation companies for misleading practices, strategies for avoiding common filing mistakes, and tips for safeguarding personal information against identity theft. Additionally, it discusses specific guidance for various taxpayer groups, including gig economy workers, military personnel, and those impacted by natural disasters. The focus is on helping taxpayers navigate the complexities of tax season efficiently and securely.

Latest

Tax Day is here, ready or not. You must pay up and file a return or extension

Many taxpayers get an automatic extension but everyone has to pay on time

April, 14th, 2025 By Truman Lewis

Key takeaways:

Extension gives extra time to file — but not extra time to pay taxes

Deadline for extension request is April 15; filing extension runs through Oct. 15

Special automatic extensions apply to military, expats, and disaster-area taxpayers

The Internal Revenue Service (IRS) is reminding Americans that they can still request an extension to file their tax return — but they must act by the midnight April 15 deadline.

Filing for an extension gives taxpayers until Octob...

Read Article