Wondering if you qualify for IRS tax forgiveness? Learn OIC, penalty relief and hardship rules, plus what the IRS looks for.

A committee of nonprofit experts that advises the Internal Revenue Service has developed a prototype of an “online tutorial” that the IRS could use to help managers and board members of charities ...

Forbes contributors publish independent expert analyses and insights. Admitted NY Bar and US Tax Court, covers US international tax law. Imagine this: You have a pressing tax question and, like many, ...

If you're still scrambling to get your taxes filed before the April 15 deadline, an extension can take the pressure off. Normally, the IRS recommends that people file their income tax return as early ...

The IRS imposes a significant penalty for failing to file your tax return on time. This penalty is calculated at 5% of the unpaid taxes for each month or part of a month that the return is overdue, up ...

It's almost tax season! And the number one question we see every year is: when can I expect my tax refund? Most taxpayers receive their IRS tax refund within 21 days of filing, but actual dates vary ...