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Internal Revenue Service

Tax Refund
Personal Finance

What Should You Do with Your Tax Refund?

February 22, 2024February 22, 2024 - by Joe Oliver

It’s almost that time of year when many people start receiving their tax refunds. If you get one, what will you do with it?

What Should You Do with Your Tax Refund? Read More

Internal Revenue Service (IRS)
National

IRS Updates FAQs on Premium Tax Credit, Adds New Sections

February 13, 2024February 12, 2024 - by Zainuddin Harinder

WASHINGTON, D.C. — The Internal Revenue Service (IRS) has made significant updates to its frequently asked questions (FAQs) concerning the Premium Tax Credit. The revisions, which supersede earlier FAQs posted …

IRS Updates FAQs on Premium Tax Credit, Adds New Sections Read More
Internal Revenue Service (IRS)
National

IRS Unveils New Resource on Employer-Provided Childcare Tax Credit

February 12, 2024February 12, 2024 - by Maryann Pugh

WASHINGTON, D.C. — In a bid to encourage more businesses to provide child care services for their employees, the Internal Revenue Service (IRS) has launched a new page on its …

IRS Unveils New Resource on Employer-Provided Childcare Tax Credit Read More

Online Tax Preparation
National

IRS Updates FAQs for Form 1099-K, Delays New $600 Reporting Threshold

February 12, 2024February 12, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Internal Revenue Service (IRS) is ramping up its efforts to provide taxpayers with clearer information this filing season. The agency recently announced revisions to its frequently …

IRS Updates FAQs for Form 1099-K, Delays New $600 Reporting Threshold Read More
US Department of the Treasury
National

Bolstering IRS Modernization Could Unlock Billions in Revenue, Fresh Analysis Indicates

February 10, 2024February 9, 2024 - by Maryann Pugh

WASHINGTON, D.C. — A recently unveiled analysis by the U.S. Department of the Treasury and the Internal Revenue Service (IRS) offers an insightful take on the potential of IRS modernization. …

Bolstering IRS Modernization Could Unlock Billions in Revenue, Fresh Analysis Indicates Read More

Internal Revenue Service (IRS)
National

IRS Urges Caution in Choosing Tax Preparers Amid Rising Fraud Concerns

February 4, 2024February 3, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Internal Revenue Service (IRS) has issued a crucial reminder to taxpayers, stressing the importance of selecting a trustworthy professional for tax return preparation. The agency warns …

IRS Urges Caution in Choosing Tax Preparers Amid Rising Fraud Concerns Read More
Internal Revenue Service (IRS)
National

IRS to Host Free Webinar on Employee Retention Credit Voluntary Disclosure Program

February 4, 2024February 3, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Internal Revenue Service (IRS) has announced a complimentary webinar on the Employee Retention Credit (ERC) Voluntary Disclosure Program. Slated for Thursday, February 8 at 2 p.m. …

IRS to Host Free Webinar on Employee Retention Credit Voluntary Disclosure Program Read More

Internal Revenue Service (IRS)
National

IRS Issues Reminder: Disaster-Affected Taxpayers’ Extended Filing Deadline Approaches

February 4, 2024February 3, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Internal Revenue Service (IRS) has issued an important reminder to taxpayers in disaster-stricken areas who received extensions to file their 2022 returns. These taxpayers are now …

IRS Issues Reminder: Disaster-Affected Taxpayers’ Extended Filing Deadline Approaches Read More
Internal Revenue Service (IRS)
National

IRS Extends Taxpayer Assistance Center Hours for Filing Season, Aims to Improve Customer Experience

February 3, 2024February 3, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Internal Revenue Service (IRS) this week announced that nearly 250 of its Taxpayer Assistance Centers (TACs) across the United States will extend their weekly office hours.

IRS Extends Taxpayer Assistance Center Hours for Filing Season, Aims to Improve Customer Experience Read More
Internal Revenue Service
National

IRS to Host Free Webinar on Delayed Notices and Penalty Relief Amid COVID-19 Pandemic

January 29, 2024January 28, 2024 - by Maryann Pugh

WASHINGTON, D.C. — As the United States continues to grapple with the aftereffects of the COVID-19 pandemic, the Internal Revenue Service (IRS) is stepping in to offer guidance to those …

IRS to Host Free Webinar on Delayed Notices and Penalty Relief Amid COVID-19 Pandemic Read More

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