Many Americans may still be owed money from their 2020 tax year returns but are now on their own to find and claim it. Under the American Rescue Plan Act, individuals who received unemployment ...

Typically, the IRS doesn’t have to chase taxpayers to claim a refund. As soon as the filing season opens, millions of Americans submit their 1040s to collect what they’re owed. As of March 15, the ...

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 ...

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.

A broad range of tax and information returns for 2019 and 2020 tax years will receive automatic relief from failure-to-file penalties, under Notice 2022-36 released by the IRS Wednesday. The estimated ...