The ruling hinges on the corporation and trust being treated as a single entity and meeting other requirements under Regs.

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.

You can apply for First Time Abate relief by calling the IRS, sending a written statement or filing Form 843, Claim for Refund and Request for Abatement. If your penalty is removed, the IRS also ...

The IRS provides two sample notices that plan administrators may use: one for eligible rollover distributions from designated ...

Allegan County is warning residents of fake letters ahead of tax season.

Allegan County Clerk and Register of Deeds Bob Genetski is warning residents to be cautious of letters claiming a federal tax lien has been placed in their name.

Tax professionals say freelancers and independent contractors often underestimate how long unreported income can remain on the IRS’s radar. IRVINE, CALIFORNIA / ACCESS Newswire / January 2, 2026 / ...

In the theater of political damage control, there is an old adage: “If the facts are against you, pound the table; if the table is against you, pound the facts.” In her recent attempt to silence ...

Use this digital download for a free Elf on the shelf mailbox and letters printable. Print, cut, fold, and glue to assemble your props. Make elf planning simple with easy elf on the shelf ideas. What ...