The Internal Revenue Service (IRS) announced on its official website that the country's tax season will begin on February 12, 2021, when the agency will begin accepting and processing returns for the 2020 tax year. Season start date for individual tax filers ...
Tax season begins on February 12, but some taxpayers can already start doing their 2020 taxes, USA Today writes. The Free File Alliance is an IRS program that partners with private companies to provide free tax preparation to millions of filers...
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. ...
In response to the coronavirus pandemic, the Internal Revenue Service (IRS) has extended the deadline for filing tax returns and paying any taxes from April 15 to July 15, writes GOBankingRates. If you're planning on taking advantage of the deferment, here's everything...
In early 2020, many thought that the chaos and confusion of last year's tax season was long over. According to experts, in the new year it should have been easier to deal with taxes, since people have studied the new tax rules better, reminds USA Today. But then…
Lawyers are sounding the alarm about the proliferation of online scams targeting a vulnerable group of the population - the elderly. Lawmakers and administration officials are eager to take additional steps to protect unsuspecting Americans. The Hill writes about this. Experts say that during tax season...
Once the IRS finds out you haven't paid your taxes, the consequences can range from mildly annoying to "life will never be the same" type of nuisance. Money Talks decided to figure out the consequences of not paying taxes in the United States. Even if you don't...
Customer service problems are the biggest obstacle Americans will face this tax season, USA Today writes. “The Internal Revenue Service (IRS) is one of the world's worst-performing federal agencies,” said Bridget Roberts, Acting Taxpayer Advocate...