The IRS “one-time forgiveness” refers to the First-Time Penalty Abatement program, offering relief from certain penalties for compliant taxpayers.

Tax Day — the deadline for most Americans who file federal income taxes to submit their prior-year returns — was April 15. As of May 9, 145.8 million taxpayers had submitted their 2024 tax returns, ...

For most small business owners, success is typically followed by a substantial tax bill. Here are five things every owner should know.

Receiving a big inheritance doesn't guarantee that you will become wealthy. Some people squander their windfall and end up in a deeper financial hole, while others use the inheritance productively and ...

Fraudulent schemes exploiting the IRS Fresh Start Program are on the rise, putting vulnerable taxpayers at risk of financial loss. IRVINE, CA / ACCESS Newswire / September 17, 2025 / The Internal ...

IRS enforcement priorities shift toward questionable write-offs, putting small business owners and self-employed taxpayers on notice in 2025. IRVINE, CA / ACCESS Newswire / September 10, 2025 / The ...

Robert’s challenges began when he entrusted his tax filings to his then-wife, believing everything had been properly handled. What he thought was a manageable $5,000 liability eventually grew to ...