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Tax season for 2022 returns has officially begun as of this week, but 2020 returns are also in the news again. The IRS recently let Americans know they some may still be owed money from that time...
Nearly 5 million taxpayers who have unpaid tax bills from 2020 and 2021 will have almost $1 billion in penalty fees waived by the Internal Revenue Service (IRS).
The IRS’s long-term payment plan setup fee is assessed as follows: Non-direct debit payments: the setup fee is $130 if you apply online. For mail, in-person or phone applications, this fee comes ...
VITA service helps low- to moderate-income individuals, persons with disabilities, the elderly, and limited English speakers file their taxes each year. IRS awards matching funds to partner organizations throughout the country. The IRS awarded $18 million in grants for FY2019.
Settling your debt with the IRS is often more achievable than you think. If you're facing IRS tax debt, you're not alone. In 2023, the IRS collected over $104.1 billion in unpaid assessments, but ...
IRS Free File is the easiest way to file your taxes. It is open to individuals with an adjusted gross income of $84,000 or less. Only a slim number of individuals take advantage of the resource.
The IRS Fresh Start tax program is a set of initiatives designed to help taxpayers, including individuals and small businesses, who are having problems and cannot pay their taxes.
If you owe federal income tax and can’t pay in full, the IRS Fresh Start program can help you get caught up. Fresh Start was established by the federal government in 2011 to offer some relief to ...