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

South Main Street in Sheffield, Illinois. The town is part of a 136-square-mile opportunity zone. The Treasury Department and the Internal Revenue Service issued guidance Tuesday on qualified ...

Logan Allec, CPA is the founder, owner, and president of tax relief services company Choice Tax Relief, which serves clients nationwide. For most small business owners, success is typically followed ...

Beverly is a writer, editor, and paralegal specializing in personal finance and tax law. She covers personal financial and legal topics, as well as tax breaks, tax preparation software, and tax law ...

The Tribune Editorial Board’s call for “some sort of compromise” on the Broadway upzoning controversy comes at a critical moment. Twice this summer, the City Council’s zoning committee canceled ...

The Tax Court also ordered the IRS to pause collection efforts while Sriram made alternative payment arrangements. In 2014, Sriram filed an offer in compromise with the IRS. An offer in compromise ...

The IRS will allow some employees who accepted incentives to leave the agency to keep their jobs, amid concerns that the agency is losing too much of its workforce ahead of next year’s filing season.

The Internal Revenue Service is no longer planning to pursue layoffs as it seeks to rebuild parts of its workforce. The tax agency is now working to plug staffing holes with hiring, reassignments and ...

WWE is no longer waiting until next year to bring premium live events to ESPN‘s new direct-to-consumer streaming service and will instead kick off the recently announced partnership next month. The ...

WASHINGTON, D.C. — The United Mine Workers Union has its eyes on an October status hearing in connection with the latest delay of the implementation of the Silica Rule. The rule, the final form was ...