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IRS reminds taxpayers: Choose a tax professional carefully

The Internal Revenue Service today reminded taxpayers to choose a tax return preparer with care. Even though most […]

Top things all taxpayers need to remember when filing their 2021 tax return

Now that the filing season has begun, there are several key items all taxpayers should keep in mind […]

Am I Eligible to Claim an Education Credit?

This interview will help you determine if your education expenses qualify for a tax benefit. Information You’ll Need Filing […]

Tax credits for individuals: What they mean and how they can help refunds

A tax credit is a dollar-for-dollar amount taxpayers claim on their tax return to reduce the income tax […]

Tax credits and deductions for individuals

Tax credits and deductions change the amount of a person’s tax bill or refund. People should understand which credits […]

IRS launches new initiatives using Inflation Reduction Act funding to ensure large corporations pay taxes owed; continues to improve service and modernize technology with launch of business tax account

Following a dramatically improved 2023 filing season thanks to Inflation Reduction Act (IRA) investments, the Internal Revenue Service […]

IRS Tax Pro Account has new tools for tax professionals

Tax Pro Account is a digital self-service portal for tax professionals to manage authorized relationships with their clients and […]

The following information may be of interest to individuals and groups in or related to small businesses:

The following information may be of interest to individuals and groups in or related to small businesses: Electronic […]

IRS encourages employers to electronically file payroll tax returns

The Internal Revenue Service today reminded employers that the best way to file their next quarterly payroll tax […]

IRS expands chatbot technology – already serving more than 13 million taxpayers 

The IRS is using Inflation Reduction Act funding to expand its chatbot technology, which quickly answers basic questions for taxpayers […]

IRS: Beware of fake charities; check before donating

ith the tragic crises and natural disasters happening around the globe, many are responding to the call to […]

Volunteers needed across the country for free tax services

The Internal Revenue Service’s Volunteer Income Tax Assistance (VITA) and Tax Counseling for the Elderly (TCE) programs are […]

IRS: Beware of improper art donation deduction promotions

The IRS warns taxpayers to watch for promotions involving exaggerated art donation deductions that can target high-income filers, and offers special […]

IRS requests small businesses to comment on expanding tax certainty and issue resolution programs

The IRS’s Strategic Operating Plan is helping small businesses resolve potential compliance issues up front, through expanded pre-filing and […]

Free IRS webinar shares latest details on the Employee Retention Credit including options for withdrawing or correcting previously filed claims amid aggressive marketing

WASHINGTON — The Internal Revenue Service will present a free webinar, Thursday, Nov. 2, at 2 p.m. ET, […]

IRS opens free Energy Credit Online tool for sellers of clean vehicles to register for time-of-sale reporting and dealer advance payments for the Clean Vehicle Credit

WASHINGTON — The Internal Revenue Service announced today that sellers of clean vehicles can now register using the […]

Avoid a surprise next year; review tax withholding now before time runs out

WASHINGTON — With 2023 rapidly coming to a close, the Internal Revenue Service today encouraged taxpayers to review […]

Know the benefits of the Work Opportunity Tax Credit

The Work Opportunity Tax Credit (WOTC) is a federal tax credit available to employers for hiring individuals from […]

Options for Paying Your Federal Taxes

Here is a video tax tip from the IRS: Options for Paying Your Federal Taxes English | Spanish | ASL Subscribe today: The IRS YouTube […]

IRS extends popular flexibilities set to expire; Electronic signatures and encrypted email enhance the taxpayer experience

The Internal Revenue Service announced today that it has extended certain temporary flexibilities. The acceptance of digital signatures […]

401(k) limit increases to $23,000 for 2024, IRA limit rises to $7,000

WASHINGTON — The Internal Revenue Service announced today that the amount individuals can contribute to their 401(k) plans […]

Avoiding identity theft scammers posing as the IRS

Avoiding identity theft scammers posing as the IRS Imitation may be the sincerest form of flattery, but when scammers […]