IRS, Trump and judge
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The last thing you probably want to think about right now is your tax return. But if you paid penalties or interest to the IRS during the pandemic, a Friday deadline could be your only chance to get that money refunded.
"Taxpayers who historically pay on time should not have to make a formal request for relief," the Internal Revenue Service says.
Today is the last day to file for a potential COVID-related Internal Revenue Service refund. The refunds are related to a court case, Kwong vs. United States that expanded the scope of a specific tax code provision regarding changes to tax deadlines during disasters,
Thanks a recent federal court decision, tens of millions of Americans may be able to receive a tax refund or abatement of penalties accrued during the first few years of the COVID-19 pandemic from the U.
Starting this summer, eligible business taxpayers will automatically receive first-time tax penalty relief instead of having to request it from the IRS, the agency announced July 8. The IRS announced the upcoming Automatic Exemption from Penalty (AEP) program,
This year's programme highlights emerging tax scams, essential security controls and data breach response strategies.
Central organizations at nonprofits with local affiliates are now required to file a new form with the IRS to maintain their tax-exempt status.
Not every business shows a profit, but if your "hobby" is a business, you may be able to write off expenses against other income. Here are some tips.
IRS to give automatic tax penalty relief to eligible Americans, starting this summer. This is a major win for everyone, experts say.
