The IRS Free File program is set to open later this week to allow eligible taxpayers to file their taxes for free using tax ...

The IRS quietly released an Action on Decision on Jan. 2, 2025, which provides significant concessions to taxpayers involved ...

Unpaid taxes are subject to the Failure to File penalty, which is 5 percent of the unpaid taxes for each month or part of a month that a tax return is late. The penalty cannot exceed 25 percent of ...