What happens if you owe the IRS more than $25,000?
The IRS has powerful tools at its disposal, and if your tax debt exceeds $25,000, the penalties could be serious.
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IRS Audits: In which cases there is no tax refund
As tax season unfolds in the United States, the IRS is actively processing returns and issuing refunds. However, taxpayers ...
IRS Warns Some Americans of March 3 Tax Deadline
American farmers and fishers who did not make estimated tax payments by January must file their 2024 federal income tax ...
If your tax return contains any of these 3 red flags, you're more likely to be audited by the IRS, CPAs say
Everyone dreads the idea of a tax audit. And luckily, almost no one gets one. Only 0.2% of taxpayers who made less than $1 ...
The Fastest Way to Get Your Tax Refund in 2025
Filing your return electronically is the No. 1 thing you can do to speed up the refund process. The IRS estimates that the average ...