The American tax system is complicated, and the idea of paying penalties can be especially scary if you, like most, aren't super familiar with how it all works. If you have to pay a tax penalty ...

National Taxpayer Advocate Erin Collins discussed the changes in a recent blog post. The changes have been long advocated by the AICPA.

As a U.S. taxpayer, one of the last things that you want to hear is that the Internal Revenue Service (IRS) has disagreed with your tax assessment ...

Tenants in the city of Davenport need safe, decent and affordable housing, and I would like to see the city council pass the rent abatement ordinance on Nov. 6.

To combat late information return filings, the IRS has systemically assessed penalties for certain late-filed international information returns, including IRS Forms 3520, 3520-A, 5471, and 5472.

The Internal Revenue Service has decided to stop automatically levying penalties when a taxpayer files a form reporting ...

Fee increases may be discouraging taxpayers from seeking private letter rulings from the Internal Revenue Service to resolve ...