Tax lawyers say Americans who paid IRS penalties or interest during the COVID-19 emergency could qualify for refunds after a ...

The last few years have seen the proliferation of so-called section 643(b) trusts. Although there are various iterations of these trust arrangements, a common purpose seems to permeate each of them: ...

Following a recent federal court ruling, millions of taxpayers who paid interest or penalties to the IRS during the COVID-19 ...

According to USA Today, taxpayers can determine if they’re owed a refund by checking their IRS tax account transcripts, which ...

Millions of taxpayers may be owed an IRS refund for penalties or interest charged during COVID. You'll have to act quickly if ...

Section 1256 contracts include certain regulated futures contracts, foreign currency contracts and non-equity options. These contracts receive a unique tax treatment under the IRS code and are subject ...

Want to save a lot of money on taxes? Then make sure the shares in your business can be categorized as “qualified small ...

IRS Section 1245 determines how certain types of property are taxed upon sale. Specifically, it deals with recapturing depreciation on personal property and specific kinds of real estate. When ...

Millions of Americans may qualify for an IRS refund of late fees or penalties charged during the COVID-19 pandemic. How to ...