Found 303 Matching Items; Displaying 21 - 30.
Understanding Your Letter 6550
Our records show you may qualify for one or more of the credits below expanded by the American Rescue Plan Act for 2021.
General Information
Individuals, Parents
FIRPTA withholding
Information on the Foreign Investment in Real Property Tax Act of 1980 (FIRPTA) and how it affects a foreign person with real property interest.
General Information
Nonresidents
Federal unemployment tax
Find Federal Unemployment Tax Act (FUTA) tax filing and reporting information applicable to U.S. citizens employed outside the U.S. and for nonresident aliens.
General Information
Nonresidents
Access retirement funds in a disaster
Tax Tip 2025-04, Jan. 13, 2025 — The SECURE 2.0 Act makes it easier for qualified individuals impacted by a federally declared major disaster to access their retirement savings.
General Information
Individuals
Helpful hints for partnerships with foreign partners
This section describes how those involved in a partnership (U.S. or foreign) with foreign partners could be responsible for complying other filing requirements such as Foreign Investment in Real Property Tax Act of 1980.
General Information
Nonresidents
Tax Reform Small Business Initiative
Information to help small businesses or self-employed taxpayers understand how the Tax Cuts and Jobs Act could affect their bottom line and how the changes for individuals relate to certain business situations.
News
Self-Employed, Small Businesses
Qualifying Advanced Energy Project Credit
FS-2023-16, June 2023 — The Inflation Reduction Act (IRA) provided $10 billion in funding for the Qualifying Advanced Energy Project Credit Allocation Program under section 48C(e).
General Information
Individuals, Businesses
IRS Direct File Update: Free, secure, IRS-run, electronic filing option on track to be available in 2024 as a limited pilot
FS-2023-23, Oct. 2023 — The Inflation Reduction Act of 2022 directed the IRS to study the possibility of a free, direct e-file program, commonly referred to as "Direct File." The IRS submitted the results in a report to Congress on May 16, 2023.
General Information
Individuals
Here’s what taxpayers need to know to claim clean vehicle tax credits
Tax Tip 2023-49, April 12, 2023 — The Inflation Reduction Act of 2022 made several changes to the tax credits provided for qualified plug-in electric drive motor vehicles, including adding fuel cell vehicles to the tax credit.
General Information
Individuals
IRS achieves key Paperless Processing Initiative goal, outlines improvements for filing season 2024
FS-2023-25, Nov. 2023 — Following a dramatically improved 2023 Filing Season thanks to Inflation Reduction Act (IRA) investments, the U.S. Department of the Treasury (Treasury) and Internal Revenue Service (IRS) announced additional improvements taxpayers will experience next Filing Season.?
General Information
Individuals, Tax Professionals, Businesses