IRS simplifies tax penalty relief: Who qualifies and what’s the catch?

Taxpayers may receive automatic IRS relief under a new system, but a key eligibility rule still applies.
Naples Daily News on MSNOpinion

Volunteer Income Tax Assistance a Benefit for All Involved | Opinion

VITA is a free tax preparation program that helps eligible households meet their basic needs and build financial assets ...

The IRS Just Made It Easier For Small Business Owners To Receive Tax Penalty Relief—What To Know

Starting this summer, eligible business taxpayers will automatically receive first-time tax penalty relief instead of having ...

Most Taxpayers Don’t Know Which IRS Program They Qualify For – Clear Start Tax Breaks Down the Four Options

Offer in Compromise, Installment Agreement, Currently Not Collectible, and Penalty Abatement each solve a different ...

IRS makes major change to tax penalties—what it means for millions

"Taxpayers who historically pay on time should not have to make a formal request for relief," the Internal Revenue Service ...
USA Today

IRS Fresh Start program: How it works and who qualifies

The IRS Fresh Start program is not a standalone tax relief option but a series of changes to existing IRS policies. It began in 2011 to help taxpayers manage debt by expanding access to installment ...

IRS Quietly Ends Penalty-Free FBAR Filing Procedure: What’s Next?

IRS eliminated the Delinquent FBAR Submission Procedures, that previously allowed taxpayers to file late FBARs without ...
Accounting Today

IRS overestimated Direct File costs before ending program

The Internal Revenue Service vastly overstated the projected costs of operating the Direct File free tax preparation program before terminating it for this tax season, according to a new report.

Here's What Happens at the IRS After You File Your Taxes

Keep in mind that you will not see a refund date until the IRS finishes processing and approves your tax refund,” Lisa Greene ...