IRS Tax Penalties May Be Waived Using This One-Time Tactic

IRS Tax Penalties May Be Waived Using This One-Time Tactic

According to tax professionals, there are some circumstances in which you may be able to have IRS tax penalty notice fees waived. Otherwise compliant taxpayers can receive relief under the less well-known first-time penalty abatement. “It’s like a get out...
Taking Steps to Correct Errors on Your Tax Return

Taking Steps to Correct Errors on Your Tax Return

Tax return preparation and understanding can be difficult and complicated. Even experts occasionally have trouble making sure all the numbers and details are correct. Frequently, errors aren’t discovered until atier the return has been mailed or submited online,...
IRS Warns Taxpayers of New W-2 Filing Scams

IRS Warns Taxpayers of New W-2 Filing Scams

The Internal Revenue Service today released a consumer notice to caution taxpayers to new scams that encourage people to file bogus tax credits using wage information in the hopes of receiving a sizable refund. One scam that is going around on social media invites...