The rationale behind granting extensions is ostensibly to enhance tax compliance by accommodating genuine difficulties.

Many IRS workers are furloughed due to the government shutdown, but taxpayers are still required to file their extensions this week.

If you happend to commit a mistake in filing your income tax return (ITR), you can still file an updated return ...

Every year I have potential new clients reach out who have not filed income taxes for several years. For some reason they have come to the realization that they need to get caught up and to get this ...

The IRS announced a furlough Oct. 8 that has some wondering what to do about an Oct. 15 tax deadline for those who requested ...

If you get a raise next year, there’s a chance your tax rate won’t change thanks to new tax brackets recently released by the ...

Filing your Income Tax Return (ITR) can be a complex process, and even the most careful taxpayers can make mistakes — from ...

Aaron Broverman is the Managing Editor of Forbes Advisor Canada. He has almost 20 years of experience writing in the personal finance space for outlets such as Bankrate, Bankrate Canada, ...

Taxpayers often make minor mistakes while filing their ITR, such as omitting an income item, incorrectly listing a deduction, ...