WASHINGTON -- If you forgot to file your taxes during the early days of the COVID-19 pandemic in 2020, you have until Monday to do so. Nearly 1.5 million taxpayers may still be eligible for a tax ...
WASHINGTON - The IRS estimates that nearly $1.5 billion in tax refunds remain unclaimed because people haven’t filed their 2019 tax returns yet. The agency on Thursday encouraged millions of people ...
A broad range of tax and information returns for 2019 and 2020 tax years will receive automatic relief from failure-to-file penalties, under Notice 2022-36 released by the IRS Wednesday. The estimated ...
Under the Internal Revenue Code, the IRS may assess a financial penalty against a taxpayer for failing to timely file a tax or information return. On August 24, 2022, the Internal Revenue Service ...
2019 IRS Form 1040 Schedule C line 31 net profit amount (if you have not yet filed a 2019 return, fill it out and compute the value); if this amount is over $100,000, reduce it to $100,000; and if ...