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Tax Tip 2022-133, August 30, 2022 ¡ª Bankruptcy is a last resort for taxpayers to get out of debts. For individuals, the most common type of bankruptcy is a Chapter 13. This section of the bankruptcy law allows individuals and small business owners in financial difficulty to repay their creditors.

We made changes to your railroad retirement tax return because we believe there was a miscalculation. You now have an overpayment on your account.

IR-2023-113, June 9, 2023 ¡ª The IRS today encouraged taxpayers who owe unpaid taxes and missed the April 18 tax deadline to file their 2022 federal income tax return and pay any tax due by Wednesday, June 14, to avoid a larger late-filing penalty.

Information for those needing a taxpayer identification number for a child who has been placed in their home pending final adoption.

Learn about income tax withholding and estimated tax payments. Use the IRS Withholding Calculator to check your?tax withholding and submit Form W-4 to your employer to adjust the amount.?

Information on the Foreign Investment in Real Property Tax Act of 1980 (FIRPTA) and how it affects a foreign person with real property interest.

FS-2022-37, October 2022 ¡ª People who work in restaurants, salons, hotels and similar industries often receive tips for the customer service they provide. Tips can be taxable income, but it¡¯s important for people working in these areas to understand important details involving tips.

Employees of foreign governments or international organizations are generally exempt from withholding of U.S. taxes. obÌåÓýever, these employees may have an obligation to file a U.S. income tax return.

You received this notice because, according to our calculations, you didn't prepay enough of your tax through estimated tax payments, or didn't make them on time. The notice tells you we assessed a penalty for failure to make sufficient timely estimated tax payments.

IR-2023-84, April 17, 2023 ¡ª As the tax deadline draws near, the Internal Revenue Service reminds taxpayers who need more time to file that getting an extension is quick and easy. An extension gives taxpayers an automatic six more months ¨C until Oct. 16 this year ¨C to file their tax return.