Like everything else related to 2020, the filing of tax documents for this period will also not be the same as always, writes ABC News. It's time to think about taxes and what can be done now to control the situation. ...

Some taxpayers recently received a chilling letter from the IRS warning that the federal tax inspector will confiscate state income tax refunds, writes CNBC. As recently as this fall, the IRS issued a so-called "Tax Intent Notice" to ...

Taxpayers, who still owe money to the government, will receive enhanced payment options, Fox Business writes. On Monday November 2, the IRS unveiled new debt relief options for taxpayers who are still recovering from the coronavirus pandemic. ...

This year, changes were made to the US tax code - they will be reflected in the Form 1040 of your tax return, writes Money US News. Each year, as the need arises, the IRS issues draft updated forms with comments from professionals and subsequent changes.…

Americans who filed their 2019 federal tax return on time should expect an interest payment on tax refunds this week (by August 23), USA Today writes. Such payments will be made separately from the refunds themselves. According to the IRS, the IRS ...

It's been 5 months since the coronavirus hit the US and left millions of people staying at home. The pandemic has forced some Americans to leave their primary residence and move to other places, be it a second home or the home of relatives. Many with this ...

If you still have not received quarantine financial aid from the government, but meet the criteria for its accrual, then it is time to report the problem to the Internal Revenue Service (IRS). How to do this and what may be the reasons for the delay, the publication told ...

Late taxpayers must file their tax returns as soon as possible, otherwise the amount of fines and interest due will rise, warns the US Internal Revenue Service (IRS). Fines and interest apply to taxes due after July 15, Fox Business recalls. This year…

Generally, tax returns in the United States must be filed by April 15th, but 2020 has been an exceptional year. The IRS has moved the filing deadline from April 15 to July 15, but there are other options. Writes about this ...

A government watchdog group warns that the IRS needs to do more to hold high-income US residents, many of whom get away with not filing and paying taxes, to account, writes Fox News. In the report of the Inspector General ...