Receiving a notification from the IRS can be unsettling, especially if you disagree with its contents. Understanding the ...

PeopleImages.com / Getty Images Form W-9, Request for Taxpayer Identification Number (TIN) and Certification, is an Internal Revenue Service (IRS) tax form that businesses use to collect ...

The IRS began automatically sending out payments in December. Eligible taxpayers will receive a letter notifying them of the payment, and the payments will either be automatically direct deposited ...

Help your child learn the process and build good habits Beverly is a writer, editor, and paralegal specializing in personal finance and tax law. She covers personal financial and legal topics, as ...

This isn’t enough to meet your federal tax liability when you file your Form 1040 individual tax return, so you’d owe $7,001 in taxes: $14,501 - $7,500 = $7,001. The IRS would refund you $499 ...

What Is Form 5329: Additional Taxes on Qualified Plans (Including IRAs) and Other Tax-Favored Accounts? Form 5329 is an attachment to the federal income tax return that must be filed by taxpayers ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary ...

Getting an audit letter from the Internal Revenue Service (IRS) can cause concern for even the most organized taxpayer. If you've received one of these letters after filing your taxes, you might ...

I am not sure what this means. I consider myself to be reasonably intelligent, but I am struggling to understand this letter – how tax is actually being applied and what it means for my income ...

Languages: English. A group of Democratic lawmakers have penned a letter warning that personnel cuts at the Internal Revenue Service (IRS) could have "profound effects" on the delivery of tax ...