A tax break tied to COVID-era penalties could put cash back in some Americans’ pockets. Millions of Americans and businesses may be eligible to recover funds connected to tax penalties and interest, ...
Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. If you haven’t received all of your IRS Forms 1099 already, you ...
Frustrations continue to grow for Americans who haven't received their second stimulus payment. Now the news gets worse: they'll need to file what's known as a Recovery Rebate Credit to get their ...
Many taxpayers who claimed the recovery rebate credit when they filed their 2021 tax returns are discovering they might not qualify for extra cash after all. And if they do qualify, they're going to ...