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A Surging IRS Penalty Is Costing Americans Billions. Here’s How to Avoid It.
The Wall Street Journal· 10 hours agoOverall, the agency assessed $7 billion in estimated-tax penalties in 2023, nearly four times the...
IRS: Taxpayers may avoid a penalty by making a second-quarter estimated payment by June 17
CNBC· 4 hours agoThe second-quarter estimated tax deadline for 2024 is June 17, and you could owe a penalty if you...
You may owe the IRS on Monday — skipping it could cost you hundreds
CBS News via Yahoo Finance· 1 hour agoSome taxpayers may not be aware that they owe the IRS a check on Monday, which could lead to their...
What it will take to make Direct File permanent
Government Executive· 7 hours agoThe IRS pilot of a government-backed online tool to file taxes for free, dubbed Direct File, is going permanent, the tax agency announced a few weeks...
Fact Check: About Those $8,700 Stimulus Checks the IRS Is Supposedly Issuing to Qualifying Americans
Snopes via Yahoo News· 3 days agoGetty Images Claim: The IRS is issuing $8,700 stimulus checks to qualifying Americans in 2024....
IRS warns taxpayers about paying massive penalties
Newsweek· 4 days agoThe Internal Revenue Service (IRS) has issued a stark reminder to taxpayers who missed their April deadline that they could face severe penalties if they...
I Waited Until the Last Minute to Take My First RMD. Will It Affect the Next One?
SmartAsset via Yahoo Finance· 1 hour agoUnlike most personal finance questions, the answer to this one is short and simple: yes, waiting...
Weekly IRS Roundup June 3 – June 7, 2024
The National Law Review· 1 day agoCheck out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of June 3, 2024 – June 7, 2024.
Reminder: For San Diegans, federal and state taxes due June 17
U-T San Diego· 4 days agoThe IRS pushed back the federal tax return filing and payment deadline to June 17, in the wake of the devastating flooding that hit San Diego County this winter. The California ...
No, the IRS is not sending out $8,700 stimulus checks
ABC 10 Sacramento· 2 days agoDuring the COVID-19 pandemic, the Internal Revenue Service (IRS) sent out three rounds of economic...