An IRS payment plan allows you to pay your tax obligation over time, but most payment plans charge fees, penalties and interest rates. Some people prefer to pay their tax obligations by taking out ...

The Internal Revenue Service (“IRS”) and the Treasury Department on October 21, 2024, issued final regulations under Sections ...

The IRS announces expansion of online accounts, including the tax pro account, as part of the quarterly update to its strategic operating plan.

If you earned over $5,000 or more in income via third-party apps, you should get a 1099-K to file with your tax return.

Consider purchasing an ETF if you sold a stock for a loss and want to repurchase it without violating the wash sale rule. The ...

Since the IRS has resumed normal operations, collections activities have also resumed. But the collection process is a ...

"Rollover contributions do not qualify for the credit, and distributions from a retirement plan or ABLE account reduce the ...

The IRS website includes links to the applications for each initiative. Since requirements for each initiative vary, be sure ...

Targeting those who filed taxes in 2020 and 2021, the IRS has announced a $6,600 refund for qualified U.S. citizens. Those ...

The U.S. government could face a shutdown at 12:01 a.m. on Saturday, Dec. 21, 2024. Here's what could be impacted.