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FS-2024-06, Feb. 2024 ¡ª In the continuing effort to improve tax compliance and ensure fairness, the Internal Revenue Service announced a new effort on Feb. 29, focused on high-income taxpayers who have failed to file federal income tax returns in more than 125,000 instances since 2017.

Tax Tip 2023-127, Dec. 14, 2023 ¡ª As people get ready for tax filing season, it¡¯s important that they select tax return preparers with the skills, education and expertise to prepare tax forms properly. Taxpayers are ultimately responsible for all the information on their tax return, regardless of who prepares it.

IR-2023-244, Dec. 19, 2023 ¡ª In a major step to help people who owe back taxes, the Internal Revenue Service today announced new penalty relief for approximately 4.7 million individuals, businesses and tax-exempt organizations that were not sent automated collection reminder notices during the pandemic.

FS-2023-28, Dec. 2023 ¡ª Taxpayers who had a balance due for tax years 2020 and/or 2021 and did not receive balance due reminder notices due to the pandemic-related pause, may be eligible for automatic penalty relief.

Tax Tip 2024-01, Jan. 4, 2024 ¡ª Tax credits and deductions change the amount of a person¡¯s tax bill or refund. People should understand which credits and deductions they can claim and the records they need to show their eligibility.

Tax Tip 2024-51, May 21, 2024 ¡ª Whether someone is a current homeowner or buying a new home this summer owning a home can be expensive. There are tax benefits that can help taxpayers save money and offset some of the costs that come with homeownership.

Tax Tip 2024-52, May 22, 2024 ¡ª Here are some simple things taxpayers can do throughout the year to make filing season less stressful.

Tax Tip 2024-34, April 16, 2024 ¡ª Some people choose not to file a tax return because they aren't legally required to file, but they could be missing out on refundable tax credits or an income tax refund.

Tax Tip 2024-33, April 15, 2024 ¡ª The IRS works hard to make sure taxpayers pay no more than the correct amount of tax. Taxpayers have the right to pay only the amount of tax legally due, including interest and penalties, and to have the IRS apply all tax payments properly. This is one of 10 basic rights known collectively as the Taxpayer Bill of Rights.

Tax Tip 2024-35, April 17, 2024 ¡ª Once people complete and file their tax return, many of them eagerly await any refund they may be owed. Knowing fact from fiction can help manage expectations as they wait for their money.