IRS intensifies efforts against affluent tax evaders by sending out over 125,000 compliance letters this week to high-income taxpayers who have failed to file returns since 2017. The cases collectively….
Tax season often brings unexpected twists, and this year is no exception. The current buzz surrounds potential changes to the child tax credit, which, if approved by Congress, would likely….
Reality TV personalities Todd and Julie Chrisley have reached a $1 million settlement in a lawsuit against a former Georgia state tax official filed in 2019. The couple, known for….
As the calendar turns over to a new year, one important task from 2023 still awaits your attention: filing your taxes. Although tax season officially kicks off in late January….
IRS Launches Initiative to Provide Pandemic-Related Penalty Relief for Nearly 5 Million Taxpayers The Internal Revenue Service (IRS) has introduced a new initiative aimed at offering relief from certain penalties….
