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TaxesFile Form 843 by July 10 to Protect a Potential COVID-Era IRS Penalty RefundMortgage & Housing30-Year Mortgage Rate Slides to 6.43%, Its Lowest Level in Seven WeeksBudgetingPaid Biweekly? July Delivers a Third Paycheck — Here's the Best Way to Use ItRetirementMedicare Part B Crosses $200 a Month for the First Time, Offsetting Much of Social Security's COLAInflationGas Prices Up More Than 40% Over the Past Year as CPI Climbs Above 4%TaxesFile Form 843 by July 10 to Protect a Potential COVID-Era IRS Penalty RefundMortgage & Housing30-Year Mortgage Rate Slides to 6.43%, Its Lowest Level in Seven WeeksBudgetingPaid Biweekly? July Delivers a Third Paycheck — Here's the Best Way to Use ItRetirementMedicare Part B Crosses $200 a Month for the First Time, Offsetting Much of Social Security's COLAInflationGas Prices Up More Than 40% Over the Past Year as CPI Climbs Above 4%
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Today’s Lead Story
Friday, July 3

Taxes

File Form 843 by July 10 to Protect a Potential COVID-Era IRS Penalty Refund

via IRS Taxpayer Advocate

A federal court ruling found the IRS may have improperly charged penalties and interest during the COVID-19 disaster period, and tens of millions of taxpayers could be owed money back. Filing Form 843 by July 10 locks in your claim — the IRS now also offers an online option for those with an IRS Online Account.

Why it matters

Missing next Thursday's hard deadline permanently closes your window to recover COVID-era penalties or interest, even if courts later rule in taxpayers' favor.

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