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How to waive – not pay – IRS penalties

Taxpayers who face an IRS penalty this year are not alone. The IRS could assess more than 40 million penalties to taxpayers, totaling almost $25.6 billion in a single year. In some situations, taxpayers may miss out on an opportunity to have their penalties removed, just because they do not know to ask for a waiver. In fact, in 2010, 91… Read More











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Up to 1 in 6 Impacted by Expired Tax Benefits



Lynn Ebel, tax attorney at The Tax Institute, talks with the H&R Block newsroom about the impact expired tax benefits will have on taxpayers in 2015, including on teachers, students, homeowners and retirees.