The recommendations include allowing taxpayers to rely on substitute reasonable cause when appropriate, permitting them to reserve the automatic first-time abatement for future use.

Add Yahoo as a preferred source to see more of our stories on Google. There won't be any red pen marks like your math teacher, but for the first time, the IRS will have to give you a specific line ...

GREENSBORO, N.C. — Taxes are all about numbers, and each year, millions of math errors are caught by the IRS. For this tax season, taxpayers will now receive letters from the IRS detailing where they ...

There won't be any red pen marks like your math teacher, but for the first time, the IRS will have to give you a specific line instead of a general "this is wrong." American manufacturer’s hidden tag ...