IRS provides relief on nearly 5 million 2020 and 2021 tax returns
Restart of collection notices in 2024 marks end of pandemic-related pause
Washington – In a major step to...
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...
IRS provides easy access to tax refund status with ‘Where’s My Refund?’ tool
There is "no need to call"
Washington – The Internal Revenue Service reminds taxpayers that the “Where's My...
Deferred Social Security tax payment due Dec. 31 for many
Second annual installment is due on Dec. 31, 2022 for employers and self-employed individuals that deferred paying part of their 2020...
Businesses must electronically file Form 8300 beginning January 1, 2024
Also must electronically file Report of Cash Payments Over $10,000
Washington – The Internal Revenue Service today announced...
Major tax benefit to millions of low and moderate income workers announced
In 2022, 31 million eligible workers and families across the country received about $64 billion in Earned Income Tax Credits, with...