Q: I have a client who owes money to the IRS. While I know the IRS likely has a tax lien, my understanding was it just waits ...
David Alcos III—who is running for reelection Nov. 5 for his House District 41 seat—has been fined $12, 500 by the state Ethics Commission for an unprecedented volume of campaign financial disclosure ...
Some filers also need estimated payments if they haven’t withheld enough taxes from a full-time or part-time job.
Rich people who didn’t file tax returns for years have already paid $172 million in taxes to the IRS, according to the first ...
Social media scams caused thousands to file inaccurate returns last tax season. Here's what you can do to amend your return.
As the September 16, 2024 deadline approaches, the Internal Revenue Service (IRS) has issued a reminder to taxpayers ...
Rep. David Alcos was accused of failing to disclose millions of dollars in debts to various creditors including the IRS and ...
Given new resources from the Inflation Reduction Act the IRS has now recovered over $1 billion from wealthy individuals who ...
A tax lien can make it challenging to sell or refinance your property until the debt is satisfied. The IRS has the authority to garnish your ... Filing taxes can be an intimidating process, filled ...
Treasury Secretary Janet Yellen and IRS Commissioner Danny Werfel traveled to Austin, Texas, to tour an IRS campus and ...
IRS tax penalties can be very harsh, especially when international tax issues are at stake. Reasonable cause penalty relief may save the day. It is not so easy to get.
The Tax Court denied the IRS’s motion for summary judgment for lack of jurisdiction because the taxpayer’s petition was untimely filed but dismissed the case, holding that the notice of deficiency ...