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IRS.GOV News

Treasury, IRS provide guidance for certain clean energy producers related to domestic content; request additional comments for upcoming regulations

Treasury, IRS provide guidance for certain clean e...

1 year ago 847

IRS updates frequently asked questions for the New, Previously-Owned and Qualified Commercial Clean Vehicle Credit

IRS updates frequently asked questions for the New...

1 year ago 875

IRS: Tennessee taxpayers impacted by storms and tornadoes qualify for tax relief; various deadlines postponed to June 17

IRS: Tennessee taxpayers impacted by storms and to...

1 year ago 1000

IRS opens free IRA and CHIPS Pre-filing Registration Tool for organizations to register to monetize clean energy credits

IRS opens free IRA and CHIPS Pre-filing Registrati...

1 year ago 757

Treasury, IRS issue guidance on the tax credit for the production of clean hydrogen

Treasury, IRS issue guidance on the tax credit for...

1 year ago 740

IRS: New Voluntary Disclosure Program lets employers who received questionable Employee Retention Credits pay them back at discounted rate; interested taxpayers must apply by March 22

IRS: New Voluntary Disclosure Program lets employe...

1 year ago 811

IRS reminds those aged 73 and older to make required withdrawals from IRAs and retirement plans by Dec. 31; notes changes in the law for 2023

IRS reminds those aged 73 and older to make requir...

1 year ago 806

IRS issues guidance on the incremental cost for the Commercial Clean Vehicle Credit

IRS issues guidance on the incremental cost for th...

1 year ago 731

IRS helps taxpayers by providing penalty relief on nearly 5 million 2020 and 2021 tax returns; restart of collection notices in 2024 marks end of pandemic-related pause

IRS helps taxpayers by providing penalty relief on...

1 year ago 478

Transformation work continues: IRS expands business tax account access to S corporations, partnerships; adds ability to view business tax transcripts

Transformation work continues: IRS expands busines...

1 year ago 623

IRS reminds taxpayers, Jan. 16 due date for final 2023 quarterly estimated tax payments

IRS reminds taxpayers, Jan. 16 due date for final ...

1 year ago 417

IRS clarifies rules for corporate alternative minimum tax

IRS clarifies rules for corporate alternative mini...

1 year ago 555

Treasury, IRS issue guidance on Sustainable Aviation Fuel Credit

Treasury, IRS issue guidance on Sustainable Aviati...

1 year ago 529

IRS issues standard mileage rates for 2024; mileage rate increases to 67 cents a mile, up 1.5 cents from 2023

IRS issues standard mileage rates for 2024; mileag...

1 year ago 646

Treasury, IRS issue guidance for the advanced manufacturing production credit

Treasury, IRS issue guidance for the advanced manu...

1 year ago 414

IRS announces plans for new leadership structure; adjustments align with new priorities, agency transformation work

IRS announces plans for new leadership structure; ...

1 year ago 644

IRS: Free Dec. 14 webinar to focus on tax year 2023 Form 1099-K reporting rules; designed to help reporting income through payment apps and online marketplaces

IRS: Free Dec. 14 webinar to focus on tax year 202...

1 year ago 420

Get ready to file in 2024: What’s new and what to consider

Get ready to file in 2024: What’s new and what to ...

1 year ago 671

IRS: 2024 Flexible Spending Arrangement contribution limit rises by $150

IRS: 2024 Flexible Spending Arrangement contributi...

1 year ago 474

IRS Independent Office of Appeals releases fiscal year 2024 priorities; focus on improving taxpayer service

IRS Independent Office of Appeals releases fiscal ...

1 year ago 461

IRS honored with the Association for Federal Enterprise Risk Management’s Luminary Award

IRS honored with the Association for Federal Enter...

1 year ago 290

IRS requests applications for 2024 ETAAC membership

IRS requests applications for 2024 ETAAC membershi...

1 year ago 444

IRS expands work on aggressive Employee Retention Credit claims; 20,000 disallowance letters being mailed, more action and voluntary disclosure program coming

IRS expands work on aggressive Employee Retention ...

1 year ago 370

National Tax Security Awareness Week, Day 5: As tax season approaches, IRS, Security Summit partners warn taxpayers, tax professionals to watch out for emerging scams by email, text, phone

National Tax Security Awareness Week, Day 5: As ta...

1 year ago 491

Treasury, IRS provide guidance for those who manufacture new clean vehicles

Treasury, IRS provide guidance for those who manuf...

1 year ago 320

National Tax Security Awareness Week, Day 4: Summit partners urge businesses to take steps to prevent data loss, fraud

National Tax Security Awareness Week, Day 4: Summi...

1 year ago 415

National Tax Security Awareness Week, Day 3: IRS Identity Protection PIN can help avoid fraud and tax-related identity theft

National Tax Security Awareness Week, Day 3: IRS I...

1 year ago 509

IRS supports international efforts to fight fraud during Charity Fraud Awareness Week

IRS supports international efforts to fight fraud ...

1 year ago 369

National Tax Security Awareness Week, Day 2: Security Summit reminds tax pros about importance of written security plans and data breach response; special webinar planned for Nov. 30

National Tax Security Awareness Week, Day 2: Secur...

1 year ago 481

IRS, Security Summit partners launch 2023 National Tax Security Awareness Week focusing on holiday scams, protecting personal information as tax season nears

IRS, Security Summit partners launch 2023 National...

1 year ago 449

Saver’s Credit can help low- and moderate-income taxpayers to save more in 2024

Saver’s Credit can help low- and moderate-income t...

1 year ago 328

IRS announces delay in Form 1099-K reporting threshold for third party platform payments in 2023; plans for a threshold of $5,000 for 2024 to phase in implementation

IRS announces delay in Form 1099-K reporting thres...

1 year ago 444

Treasury and IRS issue proposed regulations defining energy property

Treasury and IRS issue proposed regulations defini...

1 year ago 345

Interest rates remain the same for the first quarter of 2024

Interest rates remain the same for the first quart...

1 year ago 300

IRS, Security Summit partners announce 8th annual National Tax Security Awareness week begins Nov. 27; focus on raising awareness among taxpayers, tax pros on security tips to protect against identity theft, scams

IRS, Security Summit partners announce 8th annual ...

1 year ago 471

IRS reminds eligible 2020 and 2021 non-filers to claim Recovery Rebate Credit before time runs out

IRS reminds eligible 2020 and 2021 non-filers to c...

1 year ago 295

Treasury, IRS propose regulations implementing disallowance of deductions for certain conservation easement contributions by partnerships, S corporations

Treasury, IRS propose regulations implementing dis...

1 year ago 453

Qualified charitable distributions allow eligible IRA owners up to $100,000 in tax-free gifts to charity

Qualified charitable distributions allow eligible ...

1 year ago 453

IRS selects Rajiv Uppal as new Chief Information Officer; veteran technology executive will assist with ongoing transformation work

IRS selects Rajiv Uppal as new Chief Information O...

1 year ago 457

IRS offers free Nov. 16 webinar on new information return e-file threshold change taking effect next year

IRS offers free Nov. 16 webinar on new information...

1 year ago 471

IRS highlights International Fraud Awareness Week; taxpayers urged to protect against scams, schemes

IRS highlights International Fraud Awareness Week;...

1 year ago 320

IRS updates frequently asked questions related to wrongful incarceration of a United States service member

IRS updates frequently asked questions related to ...

1 year ago 486

Tax season rapidly approaching: Get ready now to file 2023 federal income tax returns in early 2024

Tax season rapidly approaching: Get ready now to f...

1 year ago 315

IRS achieves key Paperless Processing Initiative goal, outlines improvements for filing season 2024

IRS achieves key Paperless Processing Initiative g...

1 year ago 310

IRS publishes its fiscal year 2023 Financial Report; receives award for 2022 report

IRS publishes its fiscal year 2023 Financial Repor...

1 year ago 286

IRS provides tax inflation adjustments for tax year 2024

IRS provides tax inflation adjustments for tax yea...

1 year ago 289

Clean vehicle sellers and dealers should register with Energy Credits Online; register by Dec. 1, 2023 to ensure Jan. 1 availability

Clean vehicle sellers and dealers should register ...

1 year ago 396

Avoid a surprise next year; review tax withholding now before time runs out

Avoid a surprise next year; review tax withholding...

1 year ago 305

Digital asset public hearing rescheduled for Nov. 13

Digital asset public hearing rescheduled for Nov. ...

1 year ago 297

401(k) limit increases to $23,000 for 2024, IRA limit rises to $7,000

401(k) limit increases to $23,000 for 2024, IRA li...

1 year ago 396