WASHINGTON — The Internal Revenue Service estimates more than $1 billion in refunds remain unclaimed because people haven't filed their 2020 tax returns yet. So, this is your reminder to not leave ...
The good news: The Internal Revenue Service says it’s on track to dig out of the pandemic-related backlog of tax year 2020 returns by year end 2021—just in time for the 2022 tax filing season to kick ...
Did you file your tax return just before you realized that you could get a tax break on a portion of the jobless benefits you received in 2020? Here's some good news: Big money could be heading your ...
The Internal Revenue Service has offered information on how to elect to apply an overpayment on 2020 taxes against estimated taxes for the first quarter of 2021, which are still due on April 15. The ...
It’s 2023 now but many Americans may still be owed money from their 2020 tax returns. Here’s what you need to know. USA Today reported that people who received unemployment benefits in 2020 could ...
Photo caption: A sign outside the Internal Revenue Service building is seen, May 4, 2021, in Washington. (AP Photo/Patrick Semansky, File) The IRS said Tuesday it is going to waive penalty fees for ...
Under the Internal Revenue Code, the IRS may assess a financial penalty against a taxpayer for failing to timely file a tax or information return. On August 24, 2022, the Internal Revenue Service ...
Taxpayers are now able to file amended returns electronically in more of the Form 1040 series, the IRS announced Thursday in a news release. In addition, the IRS announced it has added a checkbox to ...
The IRS said Tuesday it is going to waive penalty fees for people who failed to pay back taxes that total less than $100,000 per year for tax years 2020 and 2021. Nearly 5 million people, businesses ...
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