The IRS has unveiled a draft of the new Schedule 1-A form, set to simplify claiming deductions for tips, overtime, auto loan interest, and senior benefits. As part of the OBBBA, this form aims to ease ...
Seniors on a fixed income can find relief from tax debt through various IRS programs. Find out more about these opportunities ...
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IRS one-time forgiveness explained: Who qualifies and how it works
The IRS “one-time forgiveness” refers to the First-Time Penalty Abatement program, offering relief from certain penalties for compliant taxpayers.
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New deadline: IRS accepts feedback on Form 6765 until March 31, 2026
The IRS has extended the comment period for Form 6765 draft instructions on the Credit for Increasing Research Activities to ...
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