Some taxpayers may be surprised to learn that penalties assessed by the Internal Revenue Service (IRS) are not set in stone, and penalty abatement is a real possibility. The sad truth, however, is that many taxpayers that run afoul of the m...
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The looming prospects of a recession in the U.S. later this year mean some Americans may eye their 401(k) retirement accounts as a cash life...
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Paying taxes on your income in the U.S. used to be straightforward. Your employer provided you with a paycheck and did all the heavy lifting...
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When the IRS set January 23 this year as the official start to the 2023 tax filing season, the clock began ticking for taxpayers to get thei...
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