TAX NEWS
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- Nearly 18.6 million Americans have outstanding tax debt with the IRS, facing penalties that continue to grow each month as balances remain unpaid.
- The amounts vary depending on the number of qualifying children reported by the taxpayer claiming the Earned Income Tax Credit. For fiscal year 2026 the amounts are: …
- When a joint refund is seized to cover one spouse's separate debt, the other spouse may be able to reclaim their …
- Federal tax liens filed by the Internal Revenue Service can impact people's employment and their ability to access credit.
- This year's programme highlights emerging tax scams, essential security controls and data breach response strategies.
- The last thing you probably want to think about right now is your tax return. But if you paid penalties or interest to the IRS during the pandemic, a Friday deadline could be your only chance to get …
- Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Most IRS Forms 1099 arrived around the end of January 2026 for …
- Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. The 2025 tax year is coming to a close, and as with any year, …
- This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. The standard April 15 filing deadline has passed, but a …
- For example, if a person earned $3,000 through PayPal and $2,600 through Venmo, they made a total of $5,600 in taxable income, even though neither platform issued a 1099-K. The IRS requires …