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Latest News from irs.gov
IR-2023-30, Feb. 17, 2023 — The Treasury Department and the Internal Revenue Service today issued Notice 2023-20, which provides interim guidance for insurance companies and certain other taxpayers for the new corporate alternative minimum tax (CAMT) until the issuance of proposed regulations.
IR-2023-29, Feb. 16, 2023 — The Internal Revenue Service announced today that taxpayers who receive certain notices requiring them to send information to the IRS now have the option of submitting their documentation online through IRS.gov.
IR-2023-28, Feb. 16, 2023 — With the nation entering a peak period for filing taxes, the Internal Revenue Service urges taxpayers to use online tools to get answers quickly and avoid phone delays during a traditional peak period for IRS phone lines around Presidents Day.
IRS and Treasury provide guidance on the Qualifying Advanced Energy Project Credit
IR-2023-27, Feb. 13, 2023 — The Department of the Treasury and the Internal Revenue Service today provided guidance following the enactment of the Inflation Reduction Act to establish a program to allocate credits for qualified investments in eligible qualifying advanced energy projects.
Treasury and IRS provide guidance on energy projects for low-income communities
IR-2023-26, Feb. 13, 2023 — The Department of the Treasury and the Internal Revenue Service today provided guidance to establish a program to provide solar and wind power to certain low-income areas under the Inflation Reduction Act.
IRS announces new pilot phase for Compliance Assurance Process program
IR-2023-25, Feb. 13, 2023 — The Internal Revenue Service today announced changes to the Bridge phase of the Compliance Assurance Process (CAP) program. CAP is a cooperative pre-filing program for large corporate taxpayers.
Interest rates remain the same for the second quarter of 2023
IR-2023-24, Feb. 13, 2023 — The Internal Revenue Service today announced that interest rates will remain the same for the calendar quarter beginning April 1, 2023.
IRS issues guidance on state tax payments to help taxpayers
IR-2023-23, Feb. 10, 2023 — The IRS provided details today clarifying the federal tax status involving special payments made by 21 states in 2022.
IR-2023-22, Feb. 9, 2023 — In the latest improvement for taxpayers, the Internal Revenue Service announced today that people electronically filing their Form 1040-X, Amended U.S Individual Income Tax Return, will for the first time be able to select direct deposit for any resulting refund.
IR-2023-21 Feb. 8, 2023 — The Internal Revenue Service’s Office of Chief Counsel today announced plans to hire additional attorneys to assist the agency in enhancing the taxpayer experience and addressing high-end, complex noncompliance.
IR-2023-20, Feb. 6, 2023 — As part of a continuing effort to improve service this tax season, the Internal Revenue Service today announced special Saturday hours for the next four months at Taxpayer Assistance Centers (TACs) across the country.
IRS introduces new service industry tip reporting program
IR-2023-19, Feb. 6, 2023 — The Treasury Department and Internal Revenue Service today issued Notice 2023-13, which contains a proposed revenue procedure that would establish the Service Industry Tip Compliance Agreement (SITCA) program, a voluntary tip reporting program between the IRS and employers in various service industries. The IRS is issuing this guidance in proposed form to provide an opportunity for public comment.
IRS Statement — Taxability of State Payments
Feb. 3, 2023 — The IRS is aware of questions involving special tax refunds or payments made by states in 2022; we are working with state tax officials as quickly as possible to provide additional information and clarity for taxpayers.
IR-2023-18, Feb. 3, 2023 — The Internal Revenue Service today issued Notice 2023-16 that modifies the definitions of certain vehicle classifications for the new, previously owned and qualified commercial clean vehicle credits.
Key points to keep in mind when filing 2022 tax returns
IR-2023-17, January 31, 2023 — To help taxpayers navigate the beginning of the tax filing season, the Internal Revenue Service today offered a checklist of reminders for people as they prepare to file their 2022 tax returns.
IR-2023-16, January 27, 2023 — The Internal Revenue Service and partners nationwide today kicked off their Earned Income Tax Credit Awareness Day outreach campaign to help millions of Americans who earned $59,187 or less last year take advantage of the Earned Income Tax Credit (EITC).
Filing Season 2023 has begun: Employer January 31 wage statement deadline almost here
IR-2023-15, January 26, 2023 — The Internal Revenue Service today urged employers to be aware of the January deadline to file Forms W-2 and other wage statements. Filing these documents timely prevents late-filing penalties for employers, helps employees file their income tax returns and prevents tax fraud.
IR-2023-14, January 25, 2023 — The Internal Revenue Service announced today that businesses can now file Form 1099 series information returns using a new online portal, available free from the IRS.
IRS reminds taxpayers: Choose a tax professional carefully
IR-2023-13, January 24, 2023 —The Internal Revenue Service today reminded taxpayers to choose a tax return preparer with care. Even though most tax return preparers provide honest, quality service, some may cause harm through fraud, identity theft and other scams.
IR-2023-12, January 24, 2023 — The Internal Revenue Service today reminded taxpayers that they must again answer a digital asset question and report all digital asset-related income when they file their 2022 federal income tax return, as they did for fiscal year 2021. The term “digital assets” has replaced “virtual currencies,” a term used in previous years.
IRS kicks off 2023 tax filing season with returns due April 18
IR-2023-11, January 23, 2023 — The Internal Revenue Service kicked off the 2023 tax filing season with a focus on improving service and a reminder to taxpayers to file electronically with direct deposit to speed refunds and avoid delays.
Check tax withholding now to avoid paying future quarterly estimated payments
IR-2023-10, January 19, 2023 — The Internal Revenue Service reminds taxpayers who earn wages to use the Tax Withholding Estimator now to adjust their 2023 withholding.
IR-2023-09, January 19, 2023 — Storm victims in parts of Georgia and Alabama now have until May 15, 2023, to file various federal individual and business tax returns and make tax payments, the Internal Revenue Service announced today.
IRS reminds employers of January 31 deadline for Form W-2, other wage statements
IR-2023-08, January 18, 2023 — The Internal Revenue Service today reminded employers and other businesses to file Tax Year 2022 Form W-2 and other wage statements by January 31, 2023.
IRS selects nine new IRSAC members for 2023
IR-2023-07, January 18, 2023 — The Internal Revenue Service today announced the appointment of nine new members to the Internal Revenue Service Advisory Council.
IRS Free File launch aims to save taxpayers hard-earned dollars
IR-2023-06, January 17, 2023 — The Internal Revenue Service’s Free File Guided Tax Preparation service is live and ready for taxpayers to use. Free File went live January 13, 2023, 10 days prior to the 2023 filing season start date. The IRS starts accepting individual tax returns on January 23.
IR-2023-05, January 12, 2023 — The Internal Revenue Service today announced Monday, January 23, 2023, as the beginning of the nation's 2023 tax season when the agency will begin accepting and processing 2022 tax year returns.
IR-2023-04, January 11, 2023 — National Taxpayer Advocate Erin M. Collins today released her 2022 Annual Report to Congress, saying taxpayers and tax professionals “experienced more misery in 2022” due to paper processing delays and poor customer service. But the report also says the Internal Revenue Service made considerable progress in reducing the volume of unprocessed tax returns and correspondence and is poised to start the 2023 filing season in a stronger position.
IR-2023-03, January 10, 2023 — California storm victims now have until May 15, 2023, to file various federal individual and business tax returns and make tax payments, the Internal Revenue Service announced today.
IR-2023-02, January 6, 2023 — The Internal Revenue Service recently completed the final corrections of tax year 2020 accounts for taxpayers who overpaid their taxes on unemployment compensation they received in 2020.
Final 2022 quarterly estimated tax payment due January 17
IR-2023-01, January 4, 2023 — Many taxpayers make quarterly estimated tax payments during the year to stay current on their taxes, but many who should overlook this step. The Internal Revenue Service today urged those who paid too little tax in 2022 to make a fourth quarter payment on or before January 17 to avoid an unexpected potential tax bill or penalty when they file in 2023.
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