Found 232 Matching Items; Displaying 211 - 220.
Foreign earned income exclusion - bona fide residence test
The bona fide residence test applies to U.S. citizens and to any U.S. resident alien who is a citizen or national of a country with which the United States has an income tax treaty in effect.
General Information
Nonresidents
New voice bot options mean faster service and less wait time for taxpayers
COVID Tax Tip 2022-101, July 5, 2022 — The IRS’s new voice bot options mean less time on hold for taxpayers trying to verify their identity to set up or modify a payment plan. Voice bots run on software powered by artificial intelligence, which allows a caller to navigate an interactive voice response.
General Information
Individuals
International taxpayers news releases
Listing of news releases focused on international individual taxpayers.
General Information
Nonresidents
IRS issues renewed warning on Employee Retention Credit claims; false claims generate compliance risk for people and businesses claiming credit improperly
IR-2023-40, March 7, 2023 — The Internal Revenue Service today issued a renewed warning urging people to carefully review the Employee Retention Credit (ERC) guidelines before trying to claim the credit as promoters continue pushing ineligible people to file.
News
News Media, Tax Professionals, Businesses, Individuals
October FBAR extension deadline nears for foreign bank and financial account holders
IR-2022-174, October 6, 2022 — The Internal Revenue Service today reminds U.S. citizens, resident aliens and domestic legal entities that the extension deadline to file their annual Report of Foreign Bank and Financial Accounts (FBAR) is October 15. For additional information about filing deadlines, filers should look to Financial Crimes Enforcement Network’s (FinCEN) website.
News
Individuals, Residents, Businesses, Nonresidents
Figuring the foreign earned income exclusion
If you are eligible for the exclusion this section will assist you in determining how much you can exclude.
General Information
Nonresidents
Topic C — Frequently asked questions about when the new requirements apply to the New Clean Vehicle Credit
Frequently asked questions about when the new requirements apply to the New Clean Vehicle Credit
Frequently Asked Questions
Individuals, Tax Professionals, Businesses
Using voice and chat bots to improve the collection taxpayer experience
A Closer Look: Using Voice and Chat Bots to Improve the Collection Taxpayer Experience
IRS is implementing new technology to make it easier for people to get the help they need.
About IRS
Individuals
IRS reminder to many retirees: Last day to start taking money out of IRAs and 401(k)s is April 1
IR-2023-43, March 9, 2023 — The Internal Revenue Service today reminded retirees who turned 72 during 2022 that, in most cases, Sunday, April 1, 2023, 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, Tax Professionals
Plan loan offsets
This Issue Snapshot summarizes plan loan offsets and Qualified Plan Loan Offsets (QPLOs).
General Information
Individuals