If a U.S. citizen or resident received a gift or bequest from a foreign person after June 17, 2008, they may be required to file Form 708 and pay the Section 2801 transfer tax to the IRS.

The IRS is distributing about $2.4 billion to taxpayers who didn't receive their COVID stimulus payments. By the end of January, about 1 million taxpayers will receive special payments of up to $ ...

After all, between the mounting penalties, the Internal Revenue Service (IRS) notices and the aggressive collection actions, the repercussions that come with late tax debt can take a severe toll ...

The IRS is distributing about $2.4 billion to taxpayers who didn't receive their COVID stimulus payments. By the end of January, approximately 1 million taxpayers will receive special payments of up ...

WASHINGTON — The IRS is distributing about $2.4 billion to taxpayers who didn't receive their COVID stimulus payments. By the end of January, approximately 1 million taxpayers will receive ...

WASHINGTON — The IRS is distributing about $2.4 billion to taxpayers who didn't receive their COVID stimulus payments. By the end of January, approximately 1 million taxpayers will receive special ...