Here's a last-second check that can be helpful when making difficult decisions in a volatile, uncertain, complex and ambiguous world: Is the decision reversible or irreversible?
If you qualify, you could serve a three-year term on the Taxpayer Advocacy Panel, a federal advisory committee to the IRS made up of about 75 citizen volunteers.
The dramatic rise of cryptocurrency has led to some spouses using digital currency to hide money during divorce settlements. Here’s how experts find it.
Taxpayers have the right to raise objections and provide additional documentation in response to formal IRS actions or proposed actions, to expect that the IRS will consider their timely objections and documentation promptly and fairly, and to receive a response if the IRS does not agree with their position.
The IRS may be getting more money soon to chase down high-earning tax evaders, but that doesn’t mean collection and enforcement efforts for others will stop. Here’s a look at administrative enforcement—liens and levies—and how they work.