Found 1963 Matching Items; Displaying 1721 - 1730.
Installing solar panels or making other home improvements may qualify taxpayers for home energy credits
Tax Tip 2023-68, May 16, 2023 — Homeowners who make improvements like replacing old doors and windows, installing solar panels or upgrading a hot water heater may qualify for home energy tax credits. They should know what these credits can do for them – and be careful of exaggerated claims companies trying to get their business may make.
General Information
Individuals
This online tool helps taxpayers track their refund
Tax Tip 2023-53, April 19, 2023 — After filing a return, taxpayers due a refund are usually eager for that money to hit their bank account. They can check the status of their refund easily and conveniently with the IRS Where's My Refund? tool at IRS.gov/refunds and with the IRS2Go app.
General Information
Individuals
When an IRS letter arrives, taxpayers don’t need to panic, but they do need to read it
Tax Tip 2023-55, April 24, 2023 — Getting a letter from the IRS can make some taxpayers nervous – but there’s no need to panic. The IRS sends notices and letters when it needs to ask a question about a taxpayer's tax return, let them know about a change to their account or request a payment.
General Information
Individuals
Taxpayers and tax pros should learn about these common tax scams
Tax Tip 2023-56, April 25, 2023 — While scammers work hard during tax season to try to steal money, personal information and data, they also stay busy the rest of the year. Taxpayers and tax professionals should remain alert and aware of these common scams, schemes and cons to avoid losing money, personal information or client data.
General Information
Individuals, Tax Professionals
An Offer in Compromise can help certain taxpayers resolve tax debt
Tax Tip 2023-58, April 27, 2023 — When a taxpayer can't pay their full tax liability or if paying would cause financial hardship, they may want to consider applying for an Offer in Compromise. This agreement between a taxpayer and the IRS settles a tax debt for less than the full amount owed.
General Information
Individuals
IRS: Florida storm victims qualify for tax relief; April 18 deadline, other dates extended to Aug. 15
IR-2023-94, May 2, 2023 — Florida storm victims now have until Aug. 15, 2023, to file various federal individual and business tax returns and make tax payments, the Internal Revenue Service announced today.
News
News Media, Individuals, Tax Professionals
IRS payment plan options – Fast, easy and secure
FS-2023-15, June 2023 — There may be times when taxpayers cannot pay what they owe in full, but remember the IRS has numerous payment plan options available.
General Information
Individuals
Here’s what to expect after requesting an appeal of a tax matter
Tax Tip 2023-80, June 13, 2023 — If a taxpayer disagrees with an IRS decision, they may be able to avoid the time and expense of a court trial by asking the IRS Independent Office of Appeals to review their case. This office is separate from the rest of the IRS. When Appeals officers review cases submitted by taxpayers, they meet with taxpayers informally and consider their position and the IRS’s position in a fair and unbiased manner.
General Information
Individuals, Businesses, Tax Professionals
Tax considerations when selling a home
Tax Tip 2023-81 June 14, 2023 — Many people move during the summer. Taxpayers who are selling their home may qualify to exclude all or part of any gain from the sale from their income when filing their tax return.
General Information
Individuals
What employees need to know about income tax withholding
Tax Tip 2023-82, June 15, 2023 — Whether someone is entering the workforce for the first time or changing jobs, filling out new hire paperwork can feel overwhelming. One of the forms employees must complete is a W-4, Employee's Withholding Certificate. This form tells employers how much money to withhold from the employee's pay for federal income tax.
General Information
Individuals