The IRS and U.S. Treasury just rolled out official guidance on a brand-new tax deduction that could save car buyers up to $10 ...
The Senate unanimously passed legislation requiring the IRS to simplify error notices for taxpayers, providing clearer explanations and a 60-day appeal window for corrections ...
If you’ve received an IRS notice, your next steps could be critical. Life events like job loss, medical emergencies, or unexpected financial setbacks happen to many people, causing them to fall behind ...
The IRS paper check phase out 2025 is officially here, and if you aren’t prepared, your tax refund could be stuck in ...
FILE - A sign outside the Internal Revenue Service building is seen, May 4, 2021, in Washington. The IRS wants to rewrite its complicated letters to taxpayers and speak to people in plain English. The ...
Millions of Americans who file their own returns have long learned about tax math mistakes only after the Internal Revenue ...
When the IRS sent a simpler version of a notice that asks taxpayers to take certain steps to prevent fraud, the result was a 16% decrease in taxpayers who called the IRS as their first action and a 6% ...
If you recently received a letter saying you owe the IRS money for unpaid 2023 federal income tax and you know you paid, it may have been a glitch. Read on for the next steps you can take. On June 12, ...
The IRS collection letters are arriving in mailboxes once again. And if you get one, tax professionals say, please, don't throw it in a drawer and ignore it. The automated reminder notices resumed in ...
Britney Spears has launched a bold challenge against the Internal Revenue Service, disputing a tax deficiency claim exceeding ...
The IRS has announced penalty relief for approximately 4.7 million taxpayers that were not sent automated collection reminder notices during the pandemic. The anticipated amount of relief is about $1 ...