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A Surging IRS Penalty Is Costing Americans Billions. Here’s How to Avoid It.
The Wall Street Journal· 40 minutes agoFor example, two-earner couples or staffers with stock options could also owe penalties if they...
You paid your 2023 taxes. Why is the IRS saying you didn't?
USA TODAY via Yahoo Finance· 2 days agoOn time, mind you. And now, the IRS is sending you a notice demanding you pay up? One Michigan...
IRS update as letters spark anxiety: 'It's annoying'
Newsweek· 2 days agoThe situation has happened often enough that tax professionals are warning clients not to write another check if they already paid the IRS on time....
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...
Oops — miss the April income tax deadline? IRS says NJ residents have options
Gannett via AOL· 1 day agoTaxpayers can limit their late penalties and interest charges by paying electronically via the IRS’ Direct Pay, which is free. Tax payment ...
IRS issues deadline warning to millions
Newsweek· 3 days agoThe Internal Revenue Service (IRS) has issued a reminder to taxpayers regarding a tax payment deadline this month. On June 17, second quarter estimated...
U.S. Tax - How Long Does The IRS Have To Catch Me?
Forbes· 3 days agotax mistake, or worse. With the flurry of tax return activity, now is a good time to look at the various statutes of limitations (SOL) applicable to U.S...
If I Give My Son $75,000 Toward a Down Payment, Do I Have to Worry About the Gift Tax?
MSN News· 12 hours agoUnless you have given away more than $13 million in your lifetime, a $75,000 gift will not trigger...
Dear IRS: This May Look Like My Income, But It Belongs To Someone Else
Forbes· 1 day agoIn that sense, who pays tax on joint bank accounts may not be clear or easy to unravel. If you...
Major IRS 'Payment Due' glitch discovered
Consumer Affairs· 2 days agoConsumerAffairs has learned from the tax agency that an unknown number of taxpayers received the notice because of a system “glitch” and if they made all...