Found 1963 Matching Items; Displaying 1011 - 1020.
Farmers and ranchers hit hard by drought may be eligible for extension of tax relief
Tax Tip 2022-152, October 4, 2022 — Farmers and ranchers forced to sell livestock because of drought conditions may have more time to replace their livestock and defer tax on any gains from the forced sales. The IRS recently announced a one-year extension which gives eligible farmers and ranchers until the end of their first tax year after the first drought-free year to replace the sold livestock.
General Information
Self-Employed, Individuals, Parents, Small Businesses
IRS announces tax relief for victims of Hurricane Ian in North Carolina
NC-2022-10, October 5, 2022 — Victims of Hurricane Ian that began September 28 in North Carolina now have until February 15, 2023, to file various individual and business tax returns and make tax payments, the Internal Revenue Service announced today.
News
Individuals, News Media, Tax Professionals, Businesses
IRS announces tax relief for victims of Hurricane Ian in South Carolina
SC-2022-06, October 5, 2022 — Victims of Hurricane Ian that began September 25 in South Carolina now have until February 15, 2023, to file various individual and business tax returns and make tax payments, the Internal Revenue Service announced today.
News
Individuals, News Media, Tax Professionals, Businesses
$1.2 billion in IRS penalty relief refunds coming for certain 2019 and 2020 tax returns
COVID Tax Tip 2022-139, September 12, 2022 — To help struggling taxpayers affected by the COVID-19 pandemic, the IRS recently issued Notice 2022-36, which provides penalty relief to most people and businesses who filed certain 2019 or 2020 returns late.
General Information
Individuals
IRS announces tax relief for Arizona severe storms
AZ-2022-08, September 8, 2022 — Victims of Arizona severe storms occurring between July 17 and July 18, 2022, now have until November 15, 2022, to file various individual and business tax returns and make tax payments, the Internal Revenue Service announced today.
News
Individuals, News Media, Businesses
Streamlining the 1023 – A success story
Streamlining the Form 1023 – A Success Story
Sunita Lough, Commissioner Tax Exempt/Government Entities Division, discusses the history of Form 1023-EZ and the continuing benefits it provides to small organizations.
About IRS
Individuals
IRS Statement — Doug O’Donnell to serve as Acting Commissioner
October 28, 2022 — As the end of my term approaches, I want to share with you that Doug O'Donnell, the IRS Deputy Commissioner for Services and Enforcement, has been selected to serve as acting IRS Commissioner. His selection, announced today by Treasury Secretary Yellen, will keep our important work for our nation moving forward until a new IRS commissioner is nominated by the Administration and confirmed by the Senate.
About IRS
News Media, Individuals, Tax Professionals, Businesses, Volunteer Preparers, Charities and Nonprofits, Governments, Trusts and Estates, Software Developers
Grandparents and others with eligible dependents shouldn’t miss out on the 2021 child tax credit
COVID Tax Tip 2022-165, October 27, 2022 — Grandparents, foster parents or people caring for siblings or other relatives should check their eligibility to receive the 2021 child tax credit. People who claim at least one child as their dependent may not realize they could be eligible to benefit from the child tax credit.
General Information
Parents, Individuals
IRS to host a special Community Assistance Visit in Ciales, Puerto Rico Oct. 30 – Nov. 3
PR-2023-05, Oct. 17, 2023 — As part of an expanding effort to reach underserved communities, the IRS announced a special event in Ciales, Puerto Rico to help local taxpayers.
News
News Media, Individuals
IRS announces tax relief for taxpayers affected by Hurricane Idalia anywhere in South Carolina
SC-2023-02, Sept. 1, 2023
News
News Media, Individuals, Tax Professionals, Businesses