If you haven’t filed your 2020 tax return, are you still dealing with complexities created when RMDs (required minimum distributions) were waived for 2020? RMDs are mandated distributions (withdrawals ...

WASHINGTON — The Internal Revenue Service estimates more than $1 billion in refunds remain unclaimed because people haven't filed their 2020 tax returns yet. So, this is your reminder to not leave ...

A broad range of tax and information returns for 2019 and 2020 tax years will receive automatic relief from failure-to-file penalties, under Notice 2022-36 released by the IRS Wednesday. The estimated ...

We all had a lot going on during the pandemic, so if filing your taxes fell by the wayside, you may have a pleasant surprise in store. The Internal Revenue Service announced Tuesday that almost ...

Millions of people were entitled to exclude up to $10,200 in 2020 unemployment benefits from income. Since the change came after tax season opened, the IRS said it would auto-correct early returns. It ...

WASHINGTON - The Internal Revenue Service announced Monday that nearly 940,000 Americans have unclaimed refunds for the tax year 2020 – and the deadline to submit for a refund is quickly approaching.

There is $1 billion in unclaimed 2020 tax refunds and the deadline to collect the money is approaching. Nearly 940,000 taxpayers have until May 17 to file 2020 returns and claim their refund. Pending ...

You should expect to receive the following IRS tax forms from cryptocurrency exchanges and similar platforms before January 31, 2021. The information reported on these forms summarize your 2020 ...

Forbes contributors publish independent expert analyses and insights. Bruce makes the law and tax code understandable to everyone. Tax Season 2021 has begun. When you dig into your tax return for ...