IRS: Missing final 2024 quarterly estimated tax payment could trigger 'unexpected penalties'
The fourth-quarter estimated tax payment for 2024 is Jan. 15. Here's how to avoid "unexpected penalties," according to the ...
IRS Direct File Tax-Prep Program Could Be on the Chopping Block
Trump’s pick to head the agency once backed legislation that would have blocked the IRS from developing free tax-preparation ...
Warren questions Trump IRS nominee’s experience, promotion of tax credit
Sen. Elizabeth Warren (D-Mass.) voiced concerns about President-elect Trump’s nominee to lead the Internal Revenue Service ...
Does the IRS ever forgive back taxes?
So does the IRS ever forgive the back taxes you owe, or does delinquent tax debt live on in perpetuity? The answer to this question could mean the difference between financial recovery and continual ...
IRS has improved taxpayer services but is slow to resolve ID theft, an independent watchdog says
An independent watchdog finds the IRS has improved its overall taxpayer service but is slow to resolve certain identity theft ...
IRS must ramp up resources for identity theft victims, says watchdog
The annual report by the agency’s national taxpayer advocate also flagged ongoing problems with the troubled Employee ...
IRS Reverses Course On Listed Transaction Penalties In New Guidance
The IRS quietly released an Action on Decision on Jan. 2, 2025, which provides significant concessions to taxpayers involved ...
Who qualifies for the IRS Fresh Start program?
The IRS' Fresh Start program could help you catch up on delinquent tax debt — but you'll have to qualify first.