Simple explanations of personal finance, investing, and money.
Getting a letter from the IRS can be unsettling, but most notices are routine communications that can be resolved without panic. Whether you received a CP2000 proposing changes to your return, a notice about...
The Internal Revenue Service (IRS) is the U.S. federal agency most people think of when taxes are mentioned—but what exactly does it do, how does it operate, and how should you interact with it...
Unpaid taxes are more than a bill that grows with interest and penalties — they can lead to formal enforcement actions that affect your credit, your bank accounts, and even your paycheck. Knowing the...