tax day

The U.S. Treasury’s cash balance sharply increased during 2025’s tax season as collections rose from the previous year’s season. What Happened: The Treasury’s cash balance rose by $185 billion on Tuesday, the U.S. deadline to file tax returns for the previous year, according...

A Pennsylvania man could spend up to six years in prison after pleading guilty to concealing over $13 million in NFT sales from tax authorities. What Happened: Waylon Wilcox, 45, admitted to filing false individual income tax returns in 2022 and 2023, according to a Department of Justice statement...

The federal tax filing deadline is Tuesday, April 15, 2025. If you can't file in time, you can request a six-month extension (until Oct. 15) to submit your return. Keep in mind an extension gives more time to file, not to pay — any tax you owe is still due April 15. Most state income tax returns...

As April 18th, the tax filing deadline draws near, it's interesting to recall that in the previous tax season, the IRS issued more than 96 million refunds totaling over $292 billion, with an average refund of $3,039. Millions of taxpayers rush to file their returns each year, creating a surge...

One of the things people likely look forward to the least each year is filing taxes. A new report might make that annual task even more daunting for American residents. What Happened: Since the evolution of the internet, information like addresses, social security numbers and financial information...

It’s finally over. The deadline for the world’s most grueling holiday has passed. Taxpayers can breathe once more, and corporate leaders can redirect their greedy gazes toward the federal government. After all, the tedious financial reviews and subsequent payments ultimately yield...

Tax Day is April 18 this year. If you haven’t already tackled your taxes for 2016, it’s definitely time to get started. For the thousands of Americans filing taxes for the first time in 2017, the process can be surprisingly time-consuming and annoying. Here’s a quick eight-step...

Some people are simply better with deadlines and budgets than others. And of course, unexpected expenses always pop up out of nowhere. If you just realized that you will be unable to pay or file your tax documents by April 18, here’s what you need to do. Getting An Extension If you...

Tax Day is still months away, but your CPA may already be ringing you up. As the calendar has flipped ushering in a new year, it's that time once more to start thinking about what you might owe Uncle Sam, or, if you're lucky, what he might owe you! Check out Benzinga's top six tax...

Businesses around the nation are rallying to ease the pain of Tax Season 2015 by offering timely discounts and freebies. While not all locations participate in these special deals, it is worth checking out your local shops. The savings can be phenomenal, and freebies are always a blast....

It used to be, back when everyone filed their taxes by snail mail, that post offices nationwide made it a habit of staying open until midnight, many handing out free donuts and coffee to last-minute filers. Those days are gone, thanks in part to the cost of all that overtime for postal...

Who takes the biggest cut of our tax money? The military, according to an infographic from the National Priorities Project. The average tax payer in the United States paid $11,715 in taxes in 2013, the research organization says. Each person gave about $3,174.25 for the military, which includes $...