If you find you owe tax after completing your federal tax return but can't pay it all when you file, the IRS wants you to know your options.Here are four tips that can help you lower the amount of interest and penalties when you don’t pay the full amount on time.1....

It's April already. Are your taxes done? If your answer to the question is no, you are not alone. The Internal Revenue Service says as many as 25 percent of taxpayers file their returns the final two weeks before the filing deadline. The bad news for procrastinators...

The deadline for filing federal calendar year corporation returns is rapidly approaching. These returns must be filed (e-filed or postmarked) by midnight (local time) on March 16, 2015, The deadline is the same for extensions.Payment must accompany the return or...

Employers and other organizations must obtain an employer identification number (EIN) to identify themselves for tax administration purposes, such as starting a new business, withholding taxes on wages, or creating a trust. Entities apply for an EIN by filing IRS Form...

Taxes and inflation erode the return you make on your investment portfolio. If you are in a 30% tax bracket and inflation is 4%, you need to earn 5.7% to earn nothing.Any effective plan to minimize your income taxes requires an ongoing effort on your part. That means...