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Those experiencing homelessness can get Economic Impact Payments and other tax benefits; permanent address not required

April 19, 2021General

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 […]

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IRS reminds foreign bank and financial account holders the FBAR deadline remains April 15

April 12, 2021General

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 […]

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IRS suspends requirement to repay excess advance payments of the 2020 Premium Tax Credit; those claiming net Premium Tax Credit must file Form 8962

April 12, 2021General

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 […]

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IRS Criminal Investigation (CI) pledges continued commitment to investigating COVID-19 fraud as CARES Act reaches one-year anniversary

March 29, 2021General

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 […]

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Tax Time Guide: Get credit for IRA contributions made by April 15 on 2020 tax returns

March 15, 2021General

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 […]

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Tax Time Guide: Make IRS.gov first stop for tax help

March 10, 2021General

IR-2021-51, March 4, 2021 WASHINGTON — The Internal Revenue Service reminds taxpayers that its website, IRS.gov, continues to be the first and best place for people seeking information and assistance […]

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IRS reminds farmers and fishers of March 1 tax deadline

February 22, 2021General

IR-2021-42, February 19, 2021 WASHINGTON — The Internal Revenue Service is reminding those with income from a farming or fishing business that they can avoid making any estimated tax payments […]

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Register now for free Feb. 18 IRS webinar on how to choose a tax professional

February 15, 2021General

IR-2021-36, February 12, 2021 WASHINGTON — The Internal Revenue Service will hold a free webinar, “How to Choose a Tax Pro,” on Thursday, February 18 at 2 p.m. Eastern time. […]

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Double-check for missing or incorrect Forms W-2, 1099 before filing taxes

February 10, 2021General

IR-2021-33, February 9, 2021 WASHINGTON — With some areas seeing mail delays, the Internal Revenue Service reminds taxpayers to double-check to make sure they have all of their tax documents, […]

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New law increases deduction limit for corporate cash contributions for disaster relief; IRS provides recordkeeping relief

February 2, 2021General

IR-2021-27, January 29, 2021 WASHINGTON — The Internal Revenue Service today explained how corporations may qualify for the new 100% limit for disaster relief contributions and offered a temporary waiver […]

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