Owing back taxes can be a stressful and overwhelming situation. Whether you've fallen behind on your income taxes or have unresolved tax debt from previous years, it's essential to address the issue promptly and take the necessary steps to resolve it.

It’s important that U.S. citizens and resident aliens living abroad understand their tax obligations.

Their worldwide income -- including wages, unearned income and tips -- is subject to U.S. income tax, regardless of where they live or where they earn their income. They also have the same income tax filing requirements as U.S. citizens or resident aliens living in the United States.

Last year, Ohioans put more than $139 million back into their pockets.

Unclaimed funds are lost or forgotten money that businesses and banks report to the division after accounts become inactive, typically between three and five years.  The money can come from inactive checking and savings accounts, refund/credit balances, uncashed cashier’s checks, stocks and bonds, forgotten utility deposits and final paychecks.

Many caregivers devote their time and energy to looking after family members or friends who cannot care for themselves due to illness, disability, or old age.

Fortunately, there are tax breaks available for caregivers in various countries to help alleviate some of the financial burdens associated with caregiving.

While summer is a time for fun, it’s never the wrong time to start thinking about taxes – and some of those summer activities could have an impact. Here are a few summertime activities and tips on how taxpayers should consider them for filing season.

The IRS isn't responsible for paying interest on tax refunds that are delayed to a mistake on your part. But if your tax return is error-free, then the IRS is obligated to issue your refund in a reasonable amount of time, defined as 45 days.