The IRS said taxpayers who owe taxes, interest, or penalties should file and pay promptly to limit additional financial consequences, according to official guidance issued on June 9, 2025. As interest ...

Missed the April tax deadline? The IRS outlines payment plans and penalty relief options to help taxpayers catch up.

Certain Oklahoma ns affected by the March wildfires now have until November 2025 to finish their 2024 tax returns. The ...

As tax season ends, the firm continues to offer audit representation and tax debt relief for individuals and businesses ...

It's not necessarily too late to request penalty relief, though. The IRS offers first-time penalty abatement if you've been compliant in past years. You may also be eligible for reasonable cause ...

The IRS stresses the importance of swift action for taxpayers who missed federal tax deadlines. Ignoring tax debts can lead ...

Form 5329 allows taxpayers to report additional taxes and make up shortfalls in their required distributions so that hopefully they can avoid penalties if there was a reasonable cause, and tax experts ...

The IRS offers several formal programs designed ... For those who qualify, though, programs like Offers in Compromise and penalty abatement can offer substantial savings. And even if you don ...