Paying taxes may remain among the tasks you file under "drudgery" but the IRS.gov website takes some of the pain out of this ...

including IRS Forms 3520, 3520-A, 5471, and 5472. Under these systemic assessment procedures, the IRS automatically imposes penalties against taxpayers who file one or more of these returns late.

complete the form and provide a signed statement explaining why, and send documents supporting your statement. For more information, see the IRS Tax Return Reviews by Mail publication. Beyond ...

If you agree, sign the response form and send it in with any money you owe. If you don’t agree, complete the form and provide a signed statement explaining why, and send documents supporting your ...

The IRS will no longer be automatically assessing penalties for late-filed IRS Forms 3520, Part IV, which is the form required to be filed when a taxpayer receives a foreign gift. Commissioner ...

Next year, you'll receive tax form 1099-K if you earned more than $5,000 in untaxed income and were paid via a third-party payment app. This rule has been delayed two years in a row, and this ...

If a person's gift exceeds the annual exclusion limit, they must file Form 709 with the IRS. But that doesn't mean they'll have to pay taxes. “It doesn’t necessarily generate a tax right away ...

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Pubs and breweries could face an extra £310m bill after the Budget, an industry lobby group has warned. The British Beer and ...

A LANDLORD has admitted running a boozer is harder than ever as MPs across south Essex call on the Government to take action to support pubs and stop struggling businesses shutting up shop. James ...