Understanding offer in compromise . An offer in compromise is an agreement with the IRS to pay your tax debt for less than ...

On December 22, the Internal Revenue Service (IRS) announced proposed updates to its Criminal Investigation Voluntary Disclosure Practice ...

The appropriate tax relief strategy depends on a taxpayer’s financial situation. Taxpayers with steady income may be ...

Because the IRS typically requires taxpayers to make a claim for a refund within three years of filing their return, ...

A court ruling could allow refunds of IRS penalties and interest from 2020–2023, but most taxpayers must file Form 843 by ...

A New Jersey tax payment plan is an installment plan for outstanding state tax debt and unfiled tax returns. To apply, you ...

1098-T: Form 1098-T can help you calculate and claim educational tax credits and deductions. It reports payments received for ...

Experts say the new FY26 income tax forms aim to make tax reporting more data-driven while tightening checks on mismatches ...

The IRS won't say, but millions of taxpayers may be owed a refund from the COVID era due to a court ruling. The deadline to ...

Tens of millions of Americans may be eligible for pandemic-era tax refunds – and even though the issue is still playing out ...

Millions of taxpayers may be entitled to a pandemic-related refund from the Internal Revenue Service. Taxpayers may be owed a ...

Millions of taxpayers penalized by the IRS during the coronavirus pandemic for late payments or filings may qualify for ...