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Category: General

Tax Time Guide: Things to consider when filing a 2022 tax return

March 2, 2023General

With the 2023 tax filing season in full swing, the Internal Revenue Service reminds taxpayers to gather their necessary information and visit IRS.gov for updated resources and tools to help with their 2022 tax return.

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Treasury and IRS propose regulations identifying syndicated conservation easement transactions as abusive tax transactions

December 6, 2022General

IR-2022-214, December 6, 2022 WASHINGTON — The Treasury Department and Internal Revenue Service today issued proposed regulations identifying certain syndicated conservation easement (SCE) transactions as “listed transactions” – abusive tax […]

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Security Summit warns tax pros of evolving email and cloud-based schemes to steal taxpayer data

July 26, 2022General

IR-2022-143, July 26, 2022 WASHINGTON — As part of a special Security Summit series, the Internal Revenue Service, state tax agencies and nation’s tax industry warn tax professionals to beware of evolving […]

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Scam risks remain during pandemic; Security Summit focuses special week on taxpayer, tax professional protection against identity theft

November 22, 2021General

IR-2021-233, November 19, 2021 WASHINGTON — With the 2022 tax season and the holidays rapidly approaching, the Internal Revenue Service, state tax agencies and the nation’s tax industry today announced […]

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IRS provides tax inflation adjustments for tax year

November 15, 2021General

IR-2021-219, November 10, 2021 WASHINGTON — The Internal Revenue Service today announced the tax year 2022 annual inflation adjustments for more than 60 tax provisions, including the tax rate schedules […]

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IRS issues another 430,000 refunds for adjustments related to unemployment compensation

November 1, 2021General

IR-2021-212, November 1, 2021 WASHINGTON — The Internal Revenue Service recently sent approximately 430,000 refunds totaling more than $510 million to taxpayers who paid taxes on unemployment compensation excluded from income for […]

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IRS, Security Summit partners remind families to make online safety a priority during National Cybersecurity Month

October 25, 2021General

IR-2021-209, Oct. 22, 2021 WASHINGTON — The Internal Revenue Service today reminded families, teens and senior citizens about the continued importance of protecting personal and financial information PDF online. Although the IRS and […]

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Child Tax Credit: New update address feature available with IRS online portal; make other changes by August 30 for September payment

August 25, 2021General

IR-2021-171, August 20, 2021 WASHINGTON — The Internal Revenue Service has launched a new feature allowing any family receiving monthly Child Tax Credit payments to quickly and easily update their […]

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IRS provides relief for certain employers claiming the Work Opportunity Tax Credit

August 16, 2021General

IR-2021-168, August 10, 2021 WASHINGTON — The Internal Revenue Service today announced it is providing transition relief to certain employers claiming the Work Opportunity Tax Credit (WOTC). The WOTC is a […]

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IRS holds special weekend events to help people who don’t normally file taxes get Child Tax Credit payments and Economic Impact Payments

July 8, 2021General

Friday, Saturday events in 12 cities held to support eligible families IR-2021-146, July 7, 2021 WASHINGTON — The Internal Revenue Service and partners in non-profit organizations, churches, community groups and […]

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