Do you owe taxes this year? Jeanie Ahn of Yahoo Finance breaks down the options taxpayers have to be in good standing with the IRS.
Tax season is in full swing with 40 million individual tax returns already filed, and over 100 million the IRS is still anticipating. We recently polled our viewers and found that 43% have started their filing their taxes, while 57% said they haven’t gotten around to it yet.
But this is not the year to procrastinate. You’ll likely have more questions because of the tax legislation passed in 2017. IRS National Taxpayer Advocate Nina Olson told Yahoo Finance there has been a staggering increase in filing errors made this year: up 200% from last year.
To help, Yahoo Finance will be hosting a live Question & Answer session Thursday, Feb.
