IR-2019-189, November 22, 2019 WASHINGTON — The Treasury Department and the Internal Revenue Service today issued final regulations confirming that individuals taking advantage of the increased gift and estate tax […]
IRS reminds tax professionals of tasks to get ready for 2020
IR-2019-186, November 19, 2019 WASHINGTON — The IRS today reminded tax professionals to review their e-Services account to ensure all contact information is accurate and to add or remove users. […]
Security Summit marks 4th National Tax Security Awareness Week
IRS announces new dates, social media effort and partner toolkit to highlight identity theft precautions IR-2019-185, November 18, 2019 WASHINGTON —The Internal Revenue Service, state tax agencies and the nation’s […]
IRS updates guidance for deductible business, charitable, medical and moving expenses
IR-2019-183, November 14, 2019 WASHINGTON — The Internal Revenue Service today issued guidance for taxpayers with certain deductible expenses to reflect changes resulting from the Tax Cuts and Jobs Act […]
401(k) contribution limit increases to $19,500 for 2020; catch-up limit rises to $6,500
IR-2019-179, November 6, 2019 WASHINGTON — The Internal Revenue Service today announced that employees in 401(k) plans will be able to contribute up to $19,500 next year. The IRS announced […]
Get Ready for Taxes: Important things to know about tax credits
Here you’ll find items of current interest — new programs, recent guidance or timely reminders. October 15 filing extension deadline Taxpayers who requested an extension to file their 2018 tax […]
Get Ready for Taxes: Get ready today to file 2019 federal income tax returns
IR-2019-178, October 31, 2019 WASHINGTON – The Internal Revenue Service today urged taxpayers to act now to avoid a tax-time surprise and ensure smooth processing of their 2019 federal tax […]