401(k) limit increases to $22,500 for 2023, IRA limit rises to $6,500
Washington - The Internal Revenue Service announced today that the amount individuals can contribute to their 401(k) plans in 2023 has increased...
Employers urged to electronically file payroll tax returns by Oct. 31
Washington - The Internal Revenue Service today reminded employers to file the next quarterly payroll tax return by the approaching Oct. 31,...
IRS quickly moves forward with taxpayer service improvements
4,000 hired to provide more help to people during 2023 tax season on phones
Washington - The Internal...
IRS updates tax gap estimates
Washington - The Internal Revenue Service today released a new set of tax gap estimates on tax years 2014 through 2016 showing...
Treasury and IRS expand program for approving certain retirement plans
Washington - The Treasury Department and Internal Revenue Service today announced the expansion of one of their programs for approving retirement plans....
IRS looks to hire over 700 new employees
Washington - In addition to the more than 4,000 people recently hired to fill critical customer service representative positions, the Internal Revenue Service is...