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The IRS Fresh Start program or Fresh Start initiative was established in 2011 to help eligible taxpayers manage past-due tax debts. The program is designed to aid people who don’t have a prior ...
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...
The IRS can hand out penalties to taxpayers that owe them money, but they can also offer various forms of penalty relief — that is, if you have a clean and upstanding record with them in prior ...
5 IRS Penalties for 2024. 1. Failure to File a Tax Return. Not filing a tax return is an expensive mistake. The late filing penalty is 5% of your unpaid taxes for each month your return is late ...
The IRS processes returns with refunds due first because, if the agency keeps you waiting too long, it has to pay you your refund with interest. The IRS has 45 days to process refunds before ...
It's tax time again. For some, that means getting back on track with tax items that have fallen off the to-do list. First among these? Addressing any remaining balance from past years, as well as...
Use the Get Transcript Online Tool at IRS.gov: The quickest and easiest option for any missing employment information is to get any required forms to order a free wage and income transcript at IRS ...
The IRS has started sending out letters to approximately 9 million households that might have missed out on several pandemic-related tax refunds and stimulus checks, which may include the third ...
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