Refund claims tied to COVID‑era penalties are generally subject to a statute of limitations.

A detailed overview of U.S. gift and estate taxation, including exemptions, valuation rules, and filing requirements. The discussion highlights how taxpayers can manage wealth transfers while ...

Millions of taxpayers may be owed an IRS refund for penalties or interest charged during COVID. You'll have to act quickly if you're one of them.

The Tribunal ruled that filing Form 9A is not required when a charitable trust sets off earlier years’ excess application against current year income. The set-off is allowable as application of income ...

Who’s running for Florida’s 19th Congressional District after Byron Donalds? Here’s who leads in fundraising and where the race stands.

Applying for a six-month extension is easy, but IRS rules still require you to make a proper estimate of the taxes you owe. A ...

Knowing what forms you're getting and why is important so you can ensure that you and your tax preparer have what's needed to ...

Robocalls, texts, and phishing emails from scammers are up this tax season compared to previous years, according to the consumer protection bureau of the FTC.

Can you still claim tax relief from previous years? Learn IRS deadlines, rules and when refunds, credits or penalty relief may still be available.

Every year, tax day sneaks up in a hurry. Whether you use tax preparation software or outsource to a certified public accountant, here are some key strategies to ensure a smooth a ...

New IRS data shows the average refund rising to $3,676, well below earlier projections that suggested refunds could increase by $1,000 or more this year.