Found 232 Matching Items; Displaying 191 - 200.
Dealing with Disaster from an Individual Tax Perspective - YouTube video text script
YouTube video titled "Dealing with Disaster from an Individual Tax Perspective"
General Information
Individuals
What to expect after receiving a non-filer compliance alert notice and what to do to resolve
FS-2024-06, Feb. 2024 — 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.
General Information
Individuals
On EITC Awareness Day, IRS and partners promote major tax benefit to millions of low- and moderate-income workers
IR-2023-16, January 27, 2023 — The Internal Revenue Service and partners nationwide today kicked off their Earned Income Tax Credit Awareness Day outreach campaign to help millions of Americans who earned $59,187 or less last year take advantage of the Earned Income Tax Credit (EITC).
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News Media, Individuals, Tax Professionals, Volunteer Preparers
Misleading social media advice leads to false claims for Fuel Tax Credit, Sick and Family Leave Credit, household employment taxes; FAQs help address common questions, next steps for those receiving IRS letters
FS-2024-24, July 2024 — The Internal Revenue Service issued alert IR-2024-139 about a series of scams and inaccurate social media advice. Social media schemes led to thousands of inflated refund claims during the past tax season. The IRS has increased its compliance efforts related to false and/or questionable credits.
General Information
Individuals
Before toasting the new year, taxpayers should review this to-do list
Tax Tip 2022-191, December 15, 2022 — Whether they plan to stay up to greet the new year or go to bed early, taxpayers can get ready for 2023 by reviewing these common end-of-year tasks. People can always visit IRS’ Get Ready webpage for info on filing their tax return. Here are a few things they should keep on their radar.
General Information
Individuals
National Tax Security Awareness Week, Day 4: Choosing a unique Identity Protection PIN adds extra safety for taxpayers
IR-2022-210, December 1, 2022 — As part of a broader effort to increase security, the Internal Revenue Service and the Security Summit partners today reminded taxpayers they could get extra protection starting in January by joining the agency’s identity protection personal identification number (IP PIN) program.
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News Media, Individuals, Businesses, Tax Professionals
Tax Time Guide: IRS reminds taxpayers to report gig economy income, virtual currency transactions, foreign source income and assets
IR-2022-45, March 1, 2022 — The IRS reminds taxpayers of their reporting and potential tax obligations from working in the gig economy, making virtual currency transactions, earning foreign-source income or holding certain foreign assets.
News
Individuals, Tax Professionals
IRS reminder to many retirees: April 1 is last day to start taking money out of IRAs and 401(k)s
IR-2022-69, March 25, 2022 — The IRS today reminded retirees who turned 72 during the last half of 2021 that, in most cases, Friday, April 1, 2022, is the last day to begin receiving payments from Individual Retirement Arrangements (IRAs), 401(k)s and similar workplace retirement plans.
News
News Media, Individuals
EITC Awareness Day: Important changes mean more people qualify for credit that helps millions of Americans
IR-2022-20, January 28, 2022 — More people without children now qualify for the Earned Income Tax Credit (EITC), the federal government’s largest refundable tax credit for low- to moderate-income families.
News
Individuals
About Form 1042-S, Foreign Person's U.S. Source Income Subject to Withholding
Information about Form 1042-S, Foreign Person's U.S. Source Income Subject to Withholding, including recent updates, related forms, and instructions on how to file. Form 1042-S is used by a withholding agent for an information return to report certain income paid to addresses in foreign countries.
General Information
Individuals