IR-2018-218, Nov. 9, 2018 WASHINGTON —The Internal Revenue Service today reminded people, including those in disaster areas, who want to file a 2017 tax return electronically to do so by Saturday, Nov. 17, 2018. Filing of paper tax returns will remain available after that date. IRS Modernized e-file, the system that processes electronically-filed individual returns, […]

IR-2018-218, Nov. 9, 2018 WASHINGTON —The Internal Revenue Service today reminded people, including those in disaster areas, who want to file a 2017 tax return electronically to do so by Saturday, Nov. 17, 2018. Filing of paper tax returns will remain available after that date. IRS Modernized e-file, the system that processes electronically-filed individual returns, […]

IR-2018-217, Nov. 7, 2018 WASHINGTON ― More families will be able to get more money under the newly-revised Child Tax Credit, according to the Internal Revenue Service. This is the third in a series of reminders to help taxpayers get ready for the upcoming tax filing season. Additionally, the IRS has recently updated a special page on […]

IR-2018-216, November 7, 2018 WASHINGTON — The Treasury Department and the Internal Revenue Service today issued final regulations expanding the long-standing paid preparer due diligence requirement to include individual income tax returns claiming the head of household filing status. The final regulations, available in the Federal Register, implement a provision included in the Tax Cuts and […]

IR-2018-213, November 2, 2018 WASHINGTON — The Internal Revenue Service announced today an agreement with the Free File Alliance that will strengthen and expand taxpayer options for people choosing to use the free online software program during the 2019 filing season. The agreement updates several areas designed to make the Free File program more taxpayer […]

IR-2018-212, Nov. 1, 2018 WASHINGTON — The Internal Revenue Service announced today that the Internal Revenue Service Advisory Council’s role will expand in 2019 to have a wider portfolio and incorporate two other advisory groups. The expanded IRSAC will include areas currently covered by both the Information Reporting Program Advisory Committee (IRPAC) and the Advisory […]

IR-2018-210, Oct. 31, 2018 WASHINGTON — The Internal Revenue Service today issued proposed regulations  reducing the amount determined under Internal Revenue Code section 956 for certain domestic corporations that own (or are treated as owning) stock in controlled foreign corporations (CFCs). The Tax Cuts and Jobs Act (TCJA), passed in December 2017, made major changes […]

IR-2018-207, Oct. 23, 2018 WASHINGTON — The Internal Revenue Service today reminded the nation’s more than 768,000 federal tax return preparers that they must renew their Preparer Tax Identification Numbers (PTINs) for 2019. All current PTINs will expire Dec. 31, 2018. Anyone who prepares or helps prepare any federal tax return, or claim for refund, […]

IR-2018-208, Oct. 24, 2018 WASHINGTON — The Information Reporting Program Advisory Committee (IRPAC) today issued its annual report for 2018 including numerous recommendations to the Internal Revenue Service on new and continuing issues in tax administration. The report includes a discussion on how to implement and/or improve processes such as those for the Change of […]

IR-2018-203, October 16, 2018 WASHINGTON — The Internal Revenue Service today reminded business owners that tax reform legislation passed last December affects nearly every business. With just a few months left in the year, the IRS is highlighting important information for small businesses and self-employed individuals to help them understand and meet their tax obligations. […]