Saturday, May 18, 2024

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...

Get ready to file in 2024: What’s new and what to consider

Second in a series of reminders to help taxpayers get ready for the upcoming filing season 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...

Interest rates remain the same for the first quarter of 2024

Individual overpayments and underpayments will be 8% Upper Cumberland – The IRS announced interest rates will remain the...

IRS provides tax inflation adjustments for tax year 2024 

2024 adjustments generally apply to income tax returns filed in 2025 Washington – The Internal Revenue Service today...

IRS encourages employers to electronically file payroll tax returns

E-filing is the most secure, accurate method to file returns and saves time Washington — The IRS today...