Your Marketplace health insurance was discounted all year, but now your tax return says you owe money. Learn why a Premium Tax Credit repayment happens, how income or household changes affect the calculation, what to check on Forms 1095-A and 8962, and what to do if the amount is wrong or you cannot afford to pay it.
The new IRS mobile app replaced IRS2Go and lets taxpayers check refunds, review balances, make certain payments, view selected notices, access transcripts, and retrieve an Identity Protection PIN. It does not replace IRS.gov or solve every tax problem, so it is still important to understand what the information in the app means.
Losing money to an investment scam is painful enough. Then comes the difficult tax question: Can any of that loss be deducted? A recent Tax Court case allowed taxpayers to claim a $925,000 theft loss, but that result does not mean every scam victim qualifies. Learn what the court considered, why the year of the loss matters, how possible recovery can affect a claim, and which records may help support an investment scam tax deduction.
A taxpayer sold two properties in the same year and argued that one qualified for the principal residence home sale exclusion. But his driver’s license, utility records, and other facts raised questions about where he actually lived. This 2026 Tax Court case shows why calling a property your main home may not be enough. Learn seven ways to prove your principal residence, calculate your home’s adjusted basis, and prepare for an IRS review.
A completed IRS audit may not be the end of the case. Learn when IRS audit reconsideration may be available, what evidence the IRS needs, and why collection deadlines still matter.
A final Form 941 tells the IRS that your payroll filing requirement ended. Learn what to file when a business closes and how to answer missing-return notices.
Your extended Form 1120-S deadline passed, but the return is still unfinished. The late S corporation return penalty may grow by penalty month and multiply by every shareholder. Here is how the calculation works, what other charges may apply, and what the business should do next.
The home office deduction exclusive use rule can become a problem when personal and business activities share the same space. Learn what may prove your claim.
You hired extra help for the holiday rush and treated the workers as contractors. But temporary work, Form W-9, and Form 1099-NEC do not settle the classification. Here is how the IRS may decide whether those workers were independent contractors or employees.
A CP2000 notice may say you forgot income and owe more tax. The IRS may have identified a real mismatch, but that does not mean its proposed calculation tells the whole story. Here is how to review the notice, determine what is correct, and respond before the deadline.
