Approximately one million taxpayers are set to receive automatic payments of up to $1,400 from the IRS. While this financial ...
The tax filing season kicked off on Jan 27, with the Internal Revenue Service accepting returns. Taxpayers could face ...
If the IRS experiences staff shortages, the ability to process returns as quickly as in previous years could be in jeopardy.
Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of January 13, 2025 – January ...
A printing malfunction caused about 6,000 1099-G forms to end up at the wrong addresses, a notice posted by the Maryland ...
Learn what happens if you don't file your taxes. Discover the consequences, penalties, and how to address unfiled tax returns ...
That said, if you owe the IRS but can't pay, the situation isn't hopeless. There are a few pathways for taxpayers to resolve their outstanding tax debt, and knowing what these options are — as well as ...
The TAS Act aims to modernizing the IRS, has bipartisan support and open for public comment until March 31, 2025.
Be careful rushing through your taxes to get your refund faster. A mistake could bring you an audit instead. Here's how to ...
Extended IRS tax deadline due to California fires As a ... may receive penalty notices and should contact the IRS to have penalties waived. Also, if you live outside the designated disaster ...
You can also claim the EITC for prior years. The IRS gives you three years to file and claim a refund from the due date of your tax return. If you’re eligible, you could still have time to claim ...