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WASHINGTON, D.C. — Taxpayers with outstanding tax debt now have a new online tool to help them understand repayment options and resolve balances more efficiently, the Internal Revenue Service announced.
IRS Launches Tool to Help Taxpayers Tackle Debt Faster Read More WASHINGTON, D.C. — Taxpayers will have additional opportunities to get in-person help from the Internal Revenue Service later this month, with special Saturday office hours scheduled nationwide. What This Means …
IRS Opens Saturday Tax Help Taxpayers Read More
WASHINGTON, D.C. — More tipped workers will be able to claim a federal tax deduction under finalized rules defining which jobs qualify and what counts as a “tip,” the Department …
Final IRS Tip Tax Rule Expands Who Qualifies for Break Read More
WASHINGTON, D.C. — Americans who send money overseas using cash or similar payment methods will face a new 1% federal tax beginning in 2026 under proposed rules released Friday by …
New IRS Rule Targets Cash Transfers Abroad With 1% Tax Read More
WASHINGTON, D.C. — Religious organizations could receive clearer federal guidance on what they can say about politics during services, as the Treasury Department and Internal Revenue Service move to define …
IRS Moves to Clarify Rules on Church Political Speech Read More
WASHINGTON, D.C. — Department of Homeland Security personnel affected by the ongoing federal shutdown will receive extra time to file their taxes, with federal officials granting a 30-day extension and …
Shutdown Relief Gives DHS Workers Extra Time to File Taxes Read More
WASHINGTON, D.C. — Taxpayers who have not yet filed their federal returns still have time to avoid penalties and interest by submitting their filings and paying any taxes owed before …
IRS Urges Last-Minute Filers to Avoid Penalties Read More
WASHINGTON, D.C. — More than 4 million children have been enrolled in newly created tax-advantaged savings accounts, with over 1 million qualifying for a federal $1,000 contribution under a pilot …
IRS Reports Millions Enrolled in New Child Savings Accounts Read More WASHINGTON, D.C. — Taxpayers who owe money or have not yet filed their federal returns could face higher penalties and interest if they delay, according to new guidance urging early …
Owe Taxes? IRS Warns Delays Could Cost You More Read More
WASHINGTON, D.C. — More than 1.3 million Americans have unclaimed federal tax refunds for 2022 and must file their returns by April 15 or risk losing the money permanently.
Missed Tax Filing? Millions Risk Losing Refunds Soon Read More