Found 1350 Matching Items; Displaying 331 - 340.
IRS announces tax relief for Oregon wildfires and straight-line winds victims
OR-2020-03, September 16, 2020 — Victims of Oregon wildfires and straight-line winds that began September 7 now have until January 15, 2021, to file various individual and business tax returns and make tax payments, the IRS announced today.
News
Owner of tax preparation business indicted for tax fraud charges
April 19, 2024 — On April 11, a South Florida grand jury returned an indictment charging the owner of a tax preparations business with 15 counts of aiding and assisting the preparation of false tax returns and one count of contempt of court.
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News Media
COVID tax relief: IRS provides broad-based penalty relief for certain 2019 and 2020 returns due to the pandemic; $1.2 billion in penalties being refunded to 1.6 million taxpayers
IR-2022-155, August 24, 2022 — To help struggling taxpayers affected by the COVID-19 pandemic, the IRS today issued Notice 2022-36, which provides penalty relief to most people and businesses who file certain 2019 or 2020 returns late.
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News Media
Understanding your letter 6475
Letter 6475 helps EIP recipients determine if they’re eligible to claim the Recovery Rebate Credit on their 2021 tax year returns.
Notices
Individuals
Tax professionals can now order more transcripts from the IRS
IR-2021-226, Nov. 16, 2021 — The Internal Revenue Service today announced that, effective Nov. 15, 2021, tax professionals are able to order up to 30 Transcript Delivery System (TDS) transcripts per client through the Practitioner Priority Service? line.
News
Tax Professionals
More details about changes for taxpayers who received advance payments of the 2020 Premium Tax Credit
FS-2021-08, April 2021 — The American Rescue Plan Act of 2021 suspends the requirement that taxpayers increase their tax liability by all or a portion of their excess advance payments of the Premium Tax Credit (excess APTC) for tax year 2020.
General Information
IRS warns taxpayers of new filing season scams involving Form W-2 wages; those filing fake returns face potential penalties, investigation
IR-2023-38, March 3, 2023 — The Internal Revenue Service issued a consumer alert today to warn taxpayers of new scams that urge people to use wage information on a tax return to claim false credits in hopes of getting a big refund.
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News Media
Understanding the adoption tax credit
Tax Tip 2022-09, January 18, 2022 — Taxpayers who adopted or started the adoption process in 2021 may qualify for the adoption credit. This credit can be applied to international, domestic private, and public foster care adoption.
General Information
Individuals, Tax Professionals
IRS announces tax relief for Tennessee severe storms, straight-line winds and tornadoes
TN-2022-01, January 20, 2022 — Victims of severe storms, straight-line winds and tornadoes beginning December 10, 2021 now have until May 16, 2022, to file various individual and business tax returns and make tax payments, the Internal Revenue Service announced today.
News
News Media, Individuals, Tax Professionals, Small Businesses, Sole Proprietors
IRS provides tax inflation adjustments for tax year 2022
IR-2021-219, November 10, 2021 — The Internal Revenue Service today announced the tax year 2022 annual inflation adjustments for more than 60 tax provisions, including the tax rate schedules and other tax changes. Revenue Procedure 2021-45 provides details about these annual adjustments.
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News Media