IRS Council issues 2022 annual report
Washington - The Internal Revenue Service Advisory Council (IRSAC) today issued its annual report for 2022, including recommendations to the IRS on new...
IRS: 2024 Flexible Spending Arrangement contribution limit rises by $150
Employee who chooses to participate in an FSA can contribute up to $3,200 through payroll deductions
Washington –...
Saver’s Credit help low- and moderate-income taxpayers to save more in 2024
Distributions from a retirement plan or ABLE account reduce the contribution amount used to figure the credit
Washington...
Final 2022 quarterly estimated tax payment due Jan. 17
Washington - Many taxpayers make quarterly estimated tax payments during the year to stay current on their taxes, but many who should overlook...
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...
IRS kicks off 2023 tax filing season with returns due April 18
Most individual tax returns for the 2022 tax year are expected to be filed before the April 18 tax deadline