Recent court rulings have opened the door for qualifying taxpayers to obtain refunds for penalties and interest improperly assessed during the pandemic era. But time is of the essence for filing your claim with an impending deadline of July 10, 2026.

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If you find yourself looking at a Notice of Deficiency from the Internal Revenue Service (IRS) or an IRS audit letter, your next step is important, especially if you know there could be issues with your tax documentation or business compliance.

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An Internal Revenue Service (IRS) audit letter can cast a chill over any season. As the calling card of the IRS, an audit letter can trigger anxiety the minute you pull it from the mailbox.

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President Trump has signaled his intention to replace current Internal Revenue Service (IRS) Commissioner Danny Werfel with Missouri representative Billy Long.

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A “card room” is a seemingly quaint term for a place where people mix, mingle, and play cards. One California card room got a fast lesson in financial reporting that resulted in a Consent Order and a $900,000 fine.

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The Internal Revenue Service (IRS) is empowered to collect duly owed taxes from U.S. persons. As most know, the IRS readily applies penalties on taxes that are not paid properly. Taking a deeper look into IRS penalties may help you avoid them in the...

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Singer-songwriter Michael Jackson died in 2009, but the battle over his estate lives on within his family and with the Internal Revenue Service (IRS).

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If it sounds too good to be true—it probably is. That is the message the Internal Revenue Service (IRS) wants to communicate to U.S. consumers about unscrupulous pop-ups marketing Offers in Compromise (OIC) as an easy route to shedding tax debt.

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The Department of Treasury is taking aim at the basis-shifting practices of partnerships.

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Involvement in tax fraud can lead to serious financial penalties and prison. The Internal Revenue Service (IRS) uses specific terms to discuss and investigate fraud which are worth understanding from a compliance and litigation perspective.

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