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Filing season statistics for week ending October 28, 2022: Cumulative statistics comparing Cumulative statistics comparing October 29, 2021 and October 28, 2022

Filing season statistics for week ending October 21, 2022: Cumulative statistics comparing Cumulative statistics comparing October 22, 2021 and October 21, 2022

Tax Tip 2022-88, June 8, 2022 ¡ª Teens and young adults often go into business for themselves over the summer or after school. This work can include babysitting, lawn mowing, dog walking or other part-time or temporary work. When a teen or young adult is an employee of a business, their employer withholds taxes from their paycheck. obÌåÓýever, when they are classified as an independent contractor or are self-employed, they¡¯re responsible for paying taxes themselves.

Tax Tip 2022-113, July 26, 2022 ¡ª The IRS2Go app helps people find IRS tools and resources faster and with less scrolling. Taxpayers can use the IRS2Go app on their phone or mobile device to check their refund status, find tax help and more.

COVID Tax Tip 2022-118, August 3, 2022 ¡ª Teachers go above and beyond for their students, often buying classroom supplies needed to make learning successful. The educator expense deduction allows eligible teachers and administrators to deduct part of the cost of technology, supplies and training from their taxes.

Tax Tip 2022-91, June 14, 2022 ¡ª The IRS encourages businesses to begin planning now to take advantage of tax benefits available to them when they file their 2022 federal income tax return. This includes the enhanced business meal deduction.

Tax Tip 2022-38, March 10, 2022 ¡ª Higher education is important to many people and it¡¯s often expensive. Whether it¡¯s specialized job training or an advanced degree, there are a lot of costs associated with higher education. There are two education tax credits designed to help offset these costs - the American opportunity tax credit and the lifetime learning credit.

Tax Tip 2023-39, March 27, 2023 ¡ª A new scam circulating on social media urges people to use wage information on a tax return to claim false credits in hopes of getting a big refund.

Information for families in Puerto Rico that may qualify for the Child Tax Credit.

Income and expense transactions must be reported in U.S. dollars on U.S. tax returns. Review a chart of yearly average currency exchange rates.