Keyword: “Foreign Taxation” 891 related articles found
Bankruptcy Filers Can Pursue Tax Relief and Damages

Taxation · 04/24/2025

Bankruptcy Filers Can Pursue Tax Relief and Damages

This article explores how debtors can appeal to the IRS in bankruptcy situations to seek relief and damages related to violations of automatic stay or discharge orders, providing detailed information and recommendations on the relevant procedures.

Bankruptcy and Tax Relief Options Explained for Debt Struggles

Taxation · 08/05/2025

Bankruptcy and Tax Relief Options Explained for Debt Struggles

This article explores the impact of bankruptcy on tax issues and related procedures, emphasizing the importance of timely tax reporting and ongoing compliance. It provides solutions and operational guidelines for readers facing tax difficulties.

Guide to Essential EITC Tax Credit Documentation

Taxation · 08/13/2025

Guide to Essential EITC Tax Credit Documentation

This article aims to help you effectively demonstrate your eligibility for the EITC tax credit during an audit. It outlines the necessary documentation and specific steps to easily meet IRS requirements, ensuring the proper protection of your legal rights.

IRS Scrutinizes EITC Claims for Lowincome Families

Taxation · 08/13/2025

IRS Scrutinizes EITC Claims for Lowincome Families

This article provides guidelines for addressing audits related to the Earned Income Tax Credit (EITC), emphasizing the importance of required documentation and communication with the tax authorities. It offers clear guidance on the audit process for taxpayers.

IRS Expands Tax Penalty Relief to Ease Financial Strains

Taxation · 08/13/2025

IRS Expands Tax Penalty Relief to Ease Financial Strains

This article details the steps and methods to apply for tax penalty relief through the IRS, including the types of penalties, conditions for relief, and the application process. It aims to assist taxpayers in alleviating financial pressure and optimizing tax management.

IRS Urges Taxpayers to Verify Efiling Status Promptly

Taxation · 03/06/2025

IRS Urges Taxpayers to Verify Efiling Status Promptly

This article explains how to confirm the status of your tax e-filing, emphasizing the importance of entering your Adjusted Gross Income (AGI) from the previous year and your self-selected PIN. It also provides practical advice on how to locate your AGI.

Strategies to Lower Tax Burden Gain Traction

Taxation · 08/13/2025

Strategies to Lower Tax Burden Gain Traction

Compromise proposals offer taxpayers facing tax pressures an opportunity to resolve tax debts by paying less than what is owed. Applicants must meet certain criteria, such as submitting complete tax returns and being in a non-bankruptcy status. Understanding one's financial situation and seeking professional guidance can increase the likelihood of a successful application.

New Mexico Offers Tax Relief for Natural Disaster Victims

Taxation · 08/12/2025

New Mexico Offers Tax Relief for Natural Disaster Victims

New Mexico has faced severe natural disasters, prompting the IRS to implement a tax relief policy that includes multiple extensions on deadlines to provide financial support to those affected. Additionally, the IRS will hold a special community assistance event in Gallup to address taxpayer inquiries and support the rebuilding of lives.

New Mexico Enacts Tax Relief for Disaster Recovery

Taxation · 07/16/2025

New Mexico Enacts Tax Relief for Disaster Recovery

Taxpayers in New Mexico affected by natural disasters will benefit from IRS tax relief measures, including extended filing and payment deadlines. These measures aim to alleviate post-disaster economic pressure and facilitate the rebuilding of lives.

New Mexico Residents Qualify for IRS Disaster Tax Relief

Taxation · 07/16/2025

New Mexico Residents Qualify for IRS Disaster Tax Relief

The IRS has announced tax assistance for residents of New Mexico affected by natural disasters, extending the filing deadlines to February 2, 2026, and May 1, 2025. The IRS will also host community assistance events in Gallup to support the financial recovery of those impacted.

New Mexico Offers Tax Relief for Natural Disaster Victims

Taxation · 07/16/2025

New Mexico Offers Tax Relief for Natural Disaster Victims

New Mexico has been severely impacted by natural disasters, prompting the IRS to announce several tax relief measures. These include extended tax filing deadlines to 2026 and 2025, along with special community relief initiatives aimed at easing the economic burden on affected residents and assisting them in returning to normalcy.

IRS Outlines Taxpayer Rights and Filing Procedures

Taxation · 08/12/2025

IRS Outlines Taxpayer Rights and Filing Procedures

This guide provides comprehensive information on federal tax filing, covering taxpayer rights, submission requirements, tax assistance, and business tax guidelines to help you successfully complete your annual filing.

Georgia Offers Tax Relief for Hurricane Victims

Taxation · 08/13/2025

Georgia Offers Tax Relief for Hurricane Victims

The IRS has announced tax relief for Georgia taxpayers affected by Hurricane Idalia, including extended deadlines to alleviate financial pressure. Disaster victims can apply for relevant assistance measures.

North Carolina Offers Tax Relief for Storm Victims

Taxation · 08/13/2025

North Carolina Offers Tax Relief for Storm Victims

The IRS has issued tax relief measures for victims of storms in North Carolina, extending important deadlines to 2025. This initiative aims to alleviate economic burdens for affected individuals and businesses, supporting them in rebuilding their lives.

Virginia Offers Tax Relief After Winter Storms Flooding

Taxation · 04/30/2025

Virginia Offers Tax Relief After Winter Storms Flooding

The IRS is providing tax relief to Virginia taxpayers affected by severe winter storms and flooding, extending the tax filing deadline to November 3, 2023, to help alleviate the financial burden caused by the disaster. For specific policies and application details, please visit the official IRS website.