A court ruling could pave the way for refunds of late fees and penalties assessed during the Covid-19 pandemic. If you paid a late fee to the Internal Revenue Service during the COVID-19 pandemic, you ...
A court ruling may allow taxpayers to claim refunds on IRS late fees from pandemic-era filings, but claims must be submitted by July 10.
Tens of millions of Americans may be owed refunds on IRS penalties and interest from the pandemic. The catch: claims have to be filed on paper by July 10, 2026, and the IRS hasn't gone out of its way ...
The COVID-19 pandemic disrupted nearly every aspect of American life, including tax administration. During the height of the ...
The IRS waived failure-to-pay penalties for unpaid taxes related to eligible taxpayers' 2020 and 2021 tax returns. Nearly 5 million tax returns qualified for the temporary relief, which totaled an ...
Since 2022, the IRS has witnessed a concerning surge in refund claims. The most recent of these stems from deceptive social media posts and individuals pretending to be tax experts, luring ...
Maybe you filed your tax return weeks ago and, frankly, already spent that tax refund cash. Or you're dragging your feet and dreading that you owe money, maybe lots of money. Or you just cannot seem ...
Missing a tax filing deadline can feel like a minor slip, but the financial consequences can snowball quickly. The IRS imposes strict penalties on taxpayers who fail to file on time, and those ...
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