Audit triggers, enforcement actions, compliance requirements, reporting thresholds, IRS technology changes, and taxpayer rights.
Taxpayers who missed the filing deadline and now face a penalty of 5% of unpaid tax for every month the return is late, up to...
Taxpayers who want a single view of what they owe, what they have paid, and what prior returns show can now get all three through...
Every year, criminals steal billions of dollars by filing fake federal tax returns before the real taxpayer can. The IRS offers a free, six-digit Identity...
Millions of gig workers, freelancers, and small online sellers who use Venmo, PayPal, or similar payment apps faced years of confusion over when the IRS...
Taxpayers who owe the IRS money after June 30 will face a steeper cost for waiting. The agency set the interest rate on unpaid taxes...
Taxpayers still waiting on federal refunds from the 2026 filing season have a financial backstop most people overlook: if the IRS holds a refund longer...
Heirs who inherited retirement accounts under the 10-year distribution rule and skipped annual withdrawals during a two-year IRS grace period now owe a 25% excise...
Heirs who inherit an IRA and fail to take even one required minimum distribution now owe a 25% excise tax on the shortfall amount. That...
About 90 million taxpayers have already received money back from the federal government this filing season, splitting a combined $296 billion in refunds with an...
Heirs who inherited retirement accounts and skipped annual withdrawals for the past four years without penalty now face a hard deadline. The IRS waived excise...
Some taxpayers expecting a quick direct-deposit refund this filing season are instead finding a CP53E notice in their mailbox and no money in their bank...
Taxpayers who file after September 30, 2025, and make a single-digit error on their bank routing or account number will no longer have a paper...
Tens of millions of taxpayers who paid IRS penalties or interest during the COVID-19 pandemic period face a hard deadline of July 10, 2026, to...
Tens of millions of American taxpayers have already received their refund checks this spring, and the total amount sent back by the IRS is running...
Millions of tipped and hourly workers across the United States can now reduce their 2025 federal tax bills using a brand-new IRS form, but the...
Anyone with a Social Security number or Individual Taxpayer Identification Number can now request a free six-digit code from the IRS that stops fraudsters from...
Millions of Americans over 60 face a quiet problem every spring: tax rules that grow more complex each year, paired with preparation costs that can...
Retirees who turn 73 and forget to pull money from a traditional IRA or 401(k) face a federal excise tax that claims one quarter of...
Millions of Americans hand over money to commercial tax software companies every filing season to prepare returns they could file for free. The IRS provides...
Taxpayers who owe the IRS more than they can pay in one lump sum now face a straightforward choice: set up a monthly installment plan...
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Keep more of your money in retirement
Plain-English help keeping more of your money in retirement. The free Retirement Shield newsletter covers the benefits, deadlines, and money mistakes that cost retirees.