Why IRS Will Owe Some Americans Extra Money on Top of Tax Refund
In her 2024 Annual Report to Congress, Collins highlights the second most serious problem as delays in tax return processing, ...
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 ...
Does the IRS ever forgive back taxes?
That's why, for many taxpayers, the idea of owing back taxes to the IRS conjures up images of penalties, interest charges and ...
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 ...
When will the IRS start accepting tax returns? Here’s when you can file your 2024 taxes
The start of a new year means that tax season is just around the corner. The deadline for filing 2024 income taxes with the Internal Revenue Service is April 15, 2025. The date when the IRS will begin ...
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IRS must ramp up resources for identity-theft victims, says watchdog
The Internal Revenue Service must increase resources for victim-assistance cases involving identity theft, which are taking an average of almost two years to resolve, an independent watchdog reported ...
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 ...