Internal Revenue Service

by Jackie Cohen

When Do You Pay Taxes on Bitcoin and Other Cryptocurrency? Taxation of bitcoin and other cryptocurrencies is pretty similar to the way you pay taxes on any other type of investmen... read the story

by Jackie Cohen

Missed the Tax Deadline? Avoid Higher IRS Penalties — File by June 14 Once you miss a tax filing deadline, it’s all too easy to make the additional mistake of continuing to procrastina... read the story

by Jeff Hoyt

Will the New Tax Law Reduce the Likelihood You’ll Be Audited? The recent Tax Cuts and Jobs Act (TCJA) represents one of the biggest changes to the tax code in many years. Will the In... read the story

by Jeff Hoyt

What To Do If You Are Audited You’ve received a letter from the IRS regarding an audit. What is your plan? Assuming the fetal position? Heavy dr... read the story

by Jackie Cohen

IRS.gov Buggy Amid Last Minute E-Filing Traffic Don’t say we didn’t warn you (yesterday). The IRS website is reportedly crashing from last-minute e-filing t... read the story

by Tamila McDonald

What’s the Best Way To Settle Your IRS Tax Bill? It’s official: The last day to settle your federal tax debt without incurring penalties. Do you have an IRS tax bill? ... read the story

by Jackie Cohen

What Happens If You Don’t File Your Tax Return? The Internal Revenue Service automatically approves every single request for an extension that’s filed on time ... read the story

by Jackie Cohen

This Tax Mistake Will Cost You a 50% Penalty You may have until April 17 to figure out contributions to retirement plans, but don’t confuse it with the deadlin... read the story

by Jackie Cohen

Which States’ Taxpayers Are Getting the Best Refunds? Which states’ taxpayers are getting the best refunds so far? Although the average reduction in taxes is looking li... read the story

by Jackie Cohen

How the Wealthy Avoid Paying Taxes in 2018 The more money you have, the more opportunities you have to make it earn more for you — and this has become more p... read the story