Taxation · 08/12/2025
US Taxpayers Can Now Pay Taxes Securely Via Bank Transfers
With the 'Direct Payment' service, taxpayers can easily and securely pay their individual taxes through their bank accounts. This service eliminates registration procedures and supports various payment options, including due taxes and estimated taxes. It also offers flexible modification and cancellation features, allowing users to manage their tax affairs at any time.
Taxation · 07/18/2025
How to Tackle the Challenges of Missing the Tax Filing Deadline
It is crucial for taxpayers who miss the April 2025 tax filing deadline to take proactive measures. Timely submission of tax returns and making efforts to pay taxes can reduce unpaid interest and penalties. The IRS offers various online payment options and installment plans, which taxpayers should utilize to alleviate economic burdens. Those with a good past compliance record may apply for penalty relief, providing solutions for future tax management.
Taxation · 04/04/2025
IRS Extends Tax Deadline for 2024 Disasteraffected Residents
The IRS informs taxpayers in disaster-affected areas of 2024 that the deadlines for tax filing and payment have been extended to May 1, 2025, covering multiple states and regions. Additionally, taxpayers needing an extension must submit their request by April 15, keeping in mind that tax payments are still due by May 1.
Taxation · 08/12/2025
IRS Direct Pay Simplifies Tax Payments for Filers
The IRS Direct Pay service offers individuals and businesses a convenient way to make online tax payments. Users can securely pay various taxes, including income tax, healthcare payments, and estimated taxes. The system generates a confirmation number to ensure a smooth payment process, and users can promptly check and follow up if any issues arise.
Taxation · 07/16/2025
New Mexico Enacts Tax Relief for Disaster Recovery
Taxpayers in New Mexico affected by natural disasters will benefit from IRS tax relief measures, including extended filing and payment deadlines. These measures aim to alleviate post-disaster economic pressure and facilitate the rebuilding of lives.
Taxation · 08/01/2025
IRS Penalty Avoidance Tips for Late Tax Filings Errors
This article discusses the standards for tax penalties and effective countermeasures in the United States. It helps taxpayers recognize the potential economic losses associated with late filings and offers advice on applying for payment plans and requesting penalty waivers.
Taxation · 08/13/2025
IRS Form 1127 Allows Taxpayers to Request Payment Extensions
This article discusses the process of applying for a tax payment extension using Form 1127. It covers the situations in which the extension is applicable, the conditions for application, and important considerations, providing practical guidance for taxpayers facing financial difficulties.
Taxation · 07/17/2025
Understanding the Diverse Tax System in the United States: Income Tax, Sales Tax, and Other Tax Types
In the United States, residents must be aware of various taxes beyond income tax, including sales tax, property tax, estate tax, gift tax, hotel tax, and excise tax on alcohol and tobacco. Each type of tax has different assessment standards and implications. Understanding these tax-related concepts is crucial for effectively planning personal finances.
Taxation · 08/13/2025
IRS Letter 226J Employer Guide to Shared Responsibility Payments
The IRS Letter 226-J notifies applicable large employers of potential Employer Shared Responsibility Payment (ESRP) obligations. This article provides detailed guidance on how to respond to the letter, verify documents, and outline necessary follow-up steps, assisting you in accurately addressing possible tax liabilities.
Taxation · 04/04/2025
IRS Extends 2024 Tax Deadline for Disasteraffected Areas
Taxpayers in disaster-affected areas of 2024 can enjoy a tax filing and payment extension until May 1, 2025. The IRS has issued relevant notices for 12 specific states and regions, allowing taxpayers to automatically receive the extension without the need for additional applications.
Taxation · 08/13/2025
IRS Offers Installment Payment Option Via Form 9465
This article explains the process and key points for applying for an IRS installment payment agreement, with a focus on the requirements and considerations for completing Form 9465. It aims to assist taxpayers in alleviating their tax burden and reasonably repaying their outstanding debts.
Taxation · 06/25/2025
Tax Relief Policies Following Severe Storms in Missouri
The IRS announced that residents and businesses in Missouri affected by severe storms can benefit from tax relief, with filing and payment deadlines extended to November 3, 2025. This policy applies to both individual and business taxes, helping to alleviate the economic burden following the disaster.
Taxation · 08/13/2025
IRS Simplifies Installment Plan Applications Via Form 9465
This guide provides the process for completing IRS Form 9465, assisting taxpayers in applying for an installment payment plan. It covers the eligibility criteria, key points for filling out the form, and important considerations, aiming to alleviate the burden of tax payments and ensure timely payments.
Taxation · 01/10/2025
IRS Extends Tax Deadline to Oct 15 for Socal Wildfire Victims
The IRS announced that individuals and businesses in Southern California affected by the wildfire on January 7, 2025, can extend their tax form filing and payment deadlines to October 15. This relief aims to alleviate the financial burden on impacted taxpayers and assist them in recovering their livelihoods.
Taxation · 04/14/2025
Tennessee Tax Relief After Disaster Important Information for All Residents and Businesses
The government has announced tax relief for residents and businesses across Tennessee affected by the storms and flooding on April 2, 2025, with the filing and payment deadline extended to November 3, 2025. All 95 counties qualify, and taxpayers do not need to apply proactively but must update their information. Additional tax relief includes optional reporting for disaster losses, and disaster recovery funds not counted as total income may be excluded. The IRS will provide further support and relief measures as needed.