President Donald Trump was blocked from using his settlement with the IRS, which freed him from prior tax liability, in any ...

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

Plus: IRS releases midyear mileage rates, heat wave-related expenses, taxing artificial intelligence, all about tax abatement ...

The TIGTA findings include 1,375 unauthorized entries into restricted areas, unpatched system vulnerabilities, and failures ...

The IRS approves only a fraction of Offer in Compromise applications each year, and understanding the math behind the ...

Tax relief for education expenses can lower college costs. Learn which credits, deductions, and qualified expenses may reduce ...

Under the new system, eligible taxpayers will no longer have to request penalty relief that the IRS says is routinely granted ...

A new Automatic Exemption from Penalty process aims to provide relief for taxpayers with a history of usually filing and ...

CHESAPEAKE, Va. — The IRS is rolling out a new program that could save eligible taxpayers money if they make a mistake on their taxes. The program, called Automatic Exemption from Penalty, or AEP, ...

Taxpayers may receive automatic IRS relief under a new system, but a key eligibility rule still applies.

A new IRS change could make penalty relief less of a paperwork chase for some taxpayers.The Internal Revenue Service ...

As examination activity slows, tax practitioners are reporting a marked increase in aggressive collection actions - including bank levies and passport restrictions for those with significant tax debt.