Editor: Mary Van Leuven, J.D., LL.M. The IRS’s enforcement of transfer pricing penalties has undergone a marked transformation in recent years. Historically, the assertion and sustenance of penalties ...

Millions of taxpayers may be owed IRS refunds or penalty relief from the pandemic era. Here's who may qualify and why time is ...

Millions of taxpayers could potentially be entitled to significant refunds or reductions of IRS penalties and interest under the landmark federal court ruling “Kwong v. United States”, but they must ...

The Internal Revenue Service (IRS) recently released its fiscal year (FY) 2025 Data Book, which offers an important message for corporate ...

The acting attorney general said the administration was preserving a broad order protecting the president and his family from audits of already filed returns, despite dropping a $1.8 billion payout ...

Forbes contributors publish independent expert analyses and insights. Nathan Goldman is a tax prof. at NC State Univ. This voice experience is generated by AI. Learn more. This voice experience is ...

A month after Tax Day, the IRS is still processing returns. But not everyone has seen their IRS refund yet. As of May 1, the IRS had issued about 97.9 million refunds during the 2026 filing season, a ...

The IRS this spring processed more than 140 million federal income tax returns as of April 24, according to the IRS' latest available tax-fling statistics. So while a majority of Americans have ...

Tens of millions of Americans could be entitled to a tax refund from the IRS or an abatement of penalties accrued during the COVID-19 federal disaster period due to a recent federal court decision. In ...

The IRS processed over 130 million federal income tax returns as of mid-April according to the revenue department's latest available tax-fling data. But what if you filed your tax return weeks ago and ...

See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. The Internal Revenue Service (IRS) has announced it is stepping up its ...

Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary public, certified VITA tax preparer, IRS annual filing season program participant, and tax writer. Betsy began her ...