Topic
tax-deadlines
2 stories related to this topic, newest first.
cnet.comfinance41 days ago
Court Ruling on COVID Disaster Relief Period Could Affect Millions of IRS Penalties, Subject to Appeal
National Taxpayer Advocate Erin M. Collins said taxpayers charged penalties and interest during the COVID-19 disaster period have until July 10 to file claims following a federal court decision that rejected the IRS's narrower interpretation. The ruling in Kwong v. United States…
Substrate placeholder — needs reviewfinance68 days ago
Key Considerations for Last-Minute IRA Contributions Due April 15 for 2025 Tax Year
Individuals have until April 15 to make IRA contributions applicable to the 2025 tax year. Financial experts recommend reviewing specific limits and eligibility rules before depositing funds. This deadline allows contributions to reduce taxable income for the year.