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 […]
IRS holds special weekend events to help people who don’t normally file taxes get Child Tax Credit payments and Economic Impact Payments
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 […]
More than 2.3 million additional Economic Impact Payments disbursed under the American Rescue Plan; total payments top 169 million
IR-2021-127, June 9, 2021 WASHINGTON — The Internal Revenue Service, the U.S. Department of the Treasury, and the Bureau of the Fiscal Service announced today they have disbursed more than […]
IRS unveils online tool to help low-income families register for monthly Child Tax Credit payments
IR-2021-129, June 14, 2021 WASHINGTON — The Treasury Department and the Internal Revenue Service today unveiled an online Non-filer Sign-up tool designed to help eligible families who don’t normally file tax returns […]
IRS grants dyed diesel fuel penalty relief due to disruptions of the fuel supply chain
IR-2021-108, May 13, 2021 WASHINGTON — The Internal Revenue Service, in response to disruptions of the fuel supply chain, will not impose a penalty when dyed diesel fuel is sold […]
Those experiencing homelessness can get Economic Impact Payments and other tax benefits; permanent address not required
IR-2021-87, April 15, 2021 WASHINGTON — The Internal Revenue Service today continued an ongoing effort to help those experiencing homelessness during the pandemic by reminding people who don’t have a […]
IRS reminds foreign bank and financial account holders the FBAR deadline remains April 15
IR-2021-83, April 9, 2021 WASHINGTON — The Internal Revenue Service is reminding U.S. citizens, resident aliens and any domestic legal entity that the deadline to file their annual Report of Foreign […]
IRS suspends requirement to repay excess advance payments of the 2020 Premium Tax Credit; those claiming net Premium Tax Credit must file Form 8962
IR-2021-84, April 9, 2021 WASHINGTON — The American Rescue Plan Act of 2021 suspends the requirement that taxpayers increase their tax liability by all or a portion of their excess […]
IRS Criminal Investigation (CI) pledges continued commitment to investigating COVID-19 fraud as CARES Act reaches one-year anniversary
IR-2021-65, March 25, 2021 WASHINGTON — The Internal Revenue Service’s Criminal Investigation Division (IRS-CI) marks the one-year anniversary of the Coronavirus Aid, Relief and Economic Security (CARES) Act by pledging […]
Tax Time Guide: Get credit for IRA contributions made by April 15 on 2020 tax returns
IR-2021-53, March 11, 2021 WASHINGTON — The Internal Revenue Service notes that taxpayers of all ages may be able to claim a deduction on their 2020 tax return for contributions to […]