The American Institute of CPAs has submitted a letter to the Internal Revenue Service recommending the First Time Abatement program be expanded to cover additional types of tax and information return ...

Dealing with IRS penalties and incorrect tax assessments can be frustrating. This is especially true when you believe the charges are unfair or that they resulted from circumstances beyond your ...

Implemented by the Internal Revenue Service (IRS) in 2001 but infrequently used, it’s possible for certain taxpayers to avoid a tax penalty or get their money refunded from the IRS under its First ...

“IRS tax forgiveness” is a popular term, but it does not refer to a single tax relief program. Depending on your financial situation, the IRS may offer relief through an Offer In Compromise (OIC), ...