Sec. 6752(1)(b) was satisfied by an IRS supervisor’s timely signed approval of penalties against the taxpayer, without any “meaningful review” or “reasoned decision-making,” the Tax Court held.

Rajeev Dhir is a writer with 10+ years of experience as a journalist with a background in broadcast, print, and digital newsrooms. Lea Uradu, J.D., is a Maryland state registered tax preparer, ...

The deadline for filing federal tax returns for tax year 2024 is April 15, 2025. If you haven't filed yet, you might be able to do so for free online through the IRS Free File portal, which offers ...

This story was updated to advise only contacting Nevada Health Link or the insurance provider directly to avoid enrollees be victims of fraud. Open enrollment is almost over, and Nevadans have until ...

Form 8962 is used to calculate your Premium Tax Credit (PTC) and reconcile any advance payments of the PTC made on your behalf. Filing this form can sometimes seem overwhelming, but with the right ...

MOLINE, Ill. — The Channel Cat Water Taxi has set sail on a new season for 2023, helping mark the unofficial start to summer. The Channel Cat has a fleet of three fairies that meet riders at one of ...

Remember that April 18 marks the deadline for taxpayers to file their annual returns. Tax Day is typically April 15, but because that date falls on a Saturday, and due to a Washington, D.C. holiday on ...

With Form 8962, you are reconciling the tax credit you are entitled to with any advance credit payments (or subsidies) for the tax year. The size of your tax credit depends on the cost of available ...