Penalties have been eased for the unemployed, and installment-payment options have been expanded. The IRS even has videos to explain the program.
The actress is accused of failing to pay federal taxes for 2009. Sources blame the oversight on a change in business management and say she will pay up.
Taxpayers who are hiding money abroad can escape prosecution if they pay back taxes and penalties. Those who disclose before they get caught get better deals, the agency says.
Americans living abroad and dual citizens could owe penalties even if they don't owe back taxes -- and that possibility may prevent many from stepping forward.
Reclusive mining heiress paid lawyer and accountant thousands every month, but they failed to pay $90 million in federal gift taxes and penalties, estate says.
The agency shows no mercy even if it erroneously sent the money in the first place.
IRA owners turning 70½ this year must comply with required minimum withdrawal rules -- or pay a costly penalty.
VIDEO ON MSN MONEY
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
Cheap LED light bulbs cost more upfront -- between $8 to $10 apiece -- but begin to pay off within 18 months.
Six weeks later, most Americans have forgotten about the 2014 tax season -- except those who didn't file by the April 15 deadline.
MUST-SEE ON MSN
- Video: Easy DIY smoked meats at home
A charcuterie master shares his process for cold-smoking meat at home.
- Jetpacks about to go mainstream
- Weird things covered by home insurance
- Bing: 70 percent of adults report 'digital eye strain'