Just looking at the raw numbers, less than 1% of filers have been audited by the IRS in recent tax years. Based on the latest ...

An Offer in Compromise allows some taxpayers to settle IRS tax debt for less than they owe. Learn how it works, who qualifies ...

Forbes contributors publish independent expert analyses and insights. Bruce makes the law and tax code understandable to everyone. This is the second part of my two-part Q&A with a tax-law expert, ...

Missing a tax filing deadline can feel like a minor slip, but the financial consequences can snowball quickly. The IRS imposes strict penalties on taxpayers who fail to file on time, and those ...

The Internal Revenue Service (IRS) collects billions of dollars each year in back taxes, penalties and interest, in large part because it has an arsenal of tools to collect what's owed. Wage ...

Here are the scams to watch out for in 2026, why you shouldn't use AI as a shortcut to file your taxes and how to file an extension.

With the federal tax filing deadline just weeks away, many taxpayers are now getting a clearer picture of what they owe — and for some, that number is much higher than expected. Between lingering ...

Some taxpayers may be eligible for refunds on penalties and interest charged during the COVID-19 pandemic. The deadline to file a protective claim for a potential pandemic-related refund is July 10, ...