Got IRS Penalties? Know the Rules, Pay Nothing If the IRS has recently claimed that you owe a penalty for late filing, late payment, or missed employment tax deposits, pause before making any payment. You may not have to pay that penalty at all. The IRS often imposes... The Internal Revenue Service has announced tax relief for individuals and businesses throughout Louisiana affected by Hurricane Francine. Key Details: Extended Deadline: Affected individuals and businesses in Louisiana will have until February 3, 2025, to file their... BOI Reporting Deadline Is Closing In The clock continues to tick. Here are the upcoming deadlines for filing your Business Ownership Information (BOI) reports with the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN). Deadlines If your... Tax Guide to Deducting Long-Term Care Insurance Premiums Long-term care costs can be substantial, and neither Medicare nor Medicaid provide comprehensive coverage for most people. Long-term care insurance can help protect your finances, and there may be ways to deduct... Beginning on January 1, 2024, many companies in the United States must report information about their beneficial owners (i.e., the individuals who ultimately own, or control the company). Companies must report the data to the Financial Crimes Enforcement Network... Tax relief is available for people living in areas declared disasters by the Federal Emergency Management Agency. To find out if an area qualifies for disaster tax relief, check IRS news from around the nation. Affected taxpayers have more time to file and pay If... 
