The Internal Revenue Service (IRS) has announced the annual inflation adjustments for the tax year 2021 – and that includes penalty amounts. Here’s a quick look
Read MoreTag: failure to file
Taxes From A To Z 2020: U Is For Undue Hardship
It’s my annual Taxes from A to Z series! If you’re wondering how to figure basis for cryptocurrency or whether you can claim home office
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Taxes From A To Z (2017): L is for Late Filing & Late Payment Penalties
It’s Taxes From A To Z. L is for Late Filing & Late Payment Penalties.
Read MoreRapper Ja Rule Sentenced In Tax Case
Rapper and actor Ja Rule, whose real name is Jeffrey Atkins, was sentenced this week to more than two years in federal prison for failing
Read MoreAsk The Taxgirl: Money Owed To IRS
Taxpayer asks: Kelly, I hope you can help with this one… I have been contacted by the IRS that I didn’t file one year and
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