Delinquency

It is no secret that California maintains the highest income tax rate in the nation. Yet, nearing the tail end of a catastrophic global pandemic, more judicial proposals seek to target earnings.Pending tax bills would extend beyond an increase on future income. If...

The Internal Revenue Services (IRS) recently issued a statement encouraging taxpayers to pay their overdue tax bills. A failure to do so, the agency reminds taxpayers, could result in a forfeiture of one's passport.Who could lose their passport? The agency states that...

There may be many reasons why you might find yourself in a "delinquent" tax situation. Maybe you were making tax payments and then lost your job, or had an unexpected crisis or medical emergency. It could be that you filed late and excessive interest fees have been...

It’s not particularly common for taxpayers to think about their tax bill (or their tax refund, for that matter) in late September. However, the Internal Revenue Service is. In fact, the federal government is poised to start collecting on old tax bills, and it is...

It is not common for people who are expecting a tax refund to wait until the last minute to file their federal income tax return. The procrastination is usually reserved for those who believe that they will owe Uncle Sam money. After all, who wants to wait to get...

Taxes were due yesterday. Many people struggle to get their tax return filed on time so here is one thing to consider next year if you don't think you will be able to meet the April 15 deadline: file an extension.An extension will give you more time to get your...

If you thought the “Ides of March” was a time to be worried about your finances, keep in mind that the federal income tax filing deadline is April 15th; essentially the “Ides of April.” The tax filing deadline can bring out the worst fears in...

In the weeks leading up to tax day each year most people who live in the United States are aware that they need to complete their tax returns, file them and in some cases pay the government what is owed. Some people take care of them as soon as the necessary...

As readers are likely aware, individuals living throughout the nation who make a certain amount of money are expected file a federal income tax return, annually. Despite that knowledge, come mid April each year, inevitably some individuals have failed to do so. The...

There are many reasons why someone might fail to file a federal income tax return. According to one statistic, approximately 5 percent do not fulfill this obligation each year. That’s the equivalent of around 7 million taxpayers. Whatever the reason behind...