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Month: January 2020

IRS revises Form 1023 for applying for tax-exempt status

January 31, 2020Business, General, Tax Tips

IR-2020-25, January 31, 2020 WASHINGTON — As part of an ongoing effort to improve service for the tax-exempt community, the Internal Revenue Service has revised Form 1023 to allow electronic […]

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New Form 1040-SR, alternative filing option available for seniors

January 30, 2020Business, General, Tax Tips

WASHINGTON ― The Internal Revenue Service wants seniors to know about the availability of a new tax form, Form 1040-SR, featuring larger print and a standard deduction chart with a […]

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IRS: Jan. 31 filing deadline for employers, other businesses to file wage statements, independent contractor forms

January 28, 2020Business, General, Tax Tips

IRS YouTube Videos Missing W-2 – English | ASL IR-2020-21, January 28, 2020 WASHINGTON — With just a few days remaining until the deadline, the Internal Revenue Service reminds employers and other businesses […]

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Global tax chiefs undertake unprecedented multi-country day of action to tackle international tax evasion

January 23, 2020Business, General, Tax Tips

IR-2020-18, January 23, 2020 WASHINGTON — A globally coordinated day of action to put a stop to the suspected facilitation of offshore tax evasion has been undertaken this week across […]

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IRS willing to consider requests for relief from double taxation related to repatriation

January 20, 2020Business, General, Tax Tips

IR-2020-16, January 17, 2020 WASHINGTON — The IRS announced today that the agency has become aware of limited circumstances in which it may be appropriate to provide relief from double […]

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Get up-to-date information this tax filing season with redesigned IRS e-News Subscriptions

January 17, 2020Business, General, Tax Tips

IR-2020-14, January 16, 2020 WASHINGTON — As the 2020 tax season approaches, the Internal Revenue Service today encouraged taxpayers, businesses, tax professionals and others to take advantage of a variety […]

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Direct deposit fastest way to receive federal tax refund

January 14, 2020Business, General, Tax Tips

IRS YouTube videos: Direct Deposit for Your Tax Refund − English IR-2020-05, January 9, 2019 WASHINGTON — With tax season beginning soon, the Internal Revenue Service reminds taxpayers that choosing […]

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National Taxpayer Advocate delivers Annual Report to Congress: focuses on Taxpayer First Act implementation, taxpayer service, and IRS funding

January 9, 2020Business, General, Tax Tips

IR-2020-03, January 8, 2020 WASHINGTON — Acting National Taxpayer Advocate Bridget Roberts today released her 2019 Annual Report to Congress. Key challenges highlighted in the report include implementation of the […]

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IRS issues 2019 annual report; highlights program areas across the agency

January 6, 2020Business, General, Tax Tips

IR-2020-01, January 6, 2020 WASHINGTON — The Internal Revenue Service today released a new annual report highlighting accomplishments across the nation’s tax agency during Fiscal Year 2019. “Internal Revenue Service […]

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New Free File agreement signed to strengthen program, help taxpayers

January 2, 2020Business, General, Tax Tips

IR-2019-214, December 30, 2019 WASHINGTON — The Internal Revenue Service announced today an agreement (PDF) with Free File, Inc. (FFI) designed to bring more clarity for taxpayers choosing to use free […]

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