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IRS annual budget requests and descriptions of IRS¡¯s fiscal year revenue proposals.

Get a closer look at how the IRS Information Technology team is working to maintain, secure and modernize the systems and applications that make it possible for taxpayers and working families to get the services they need.

October 28, 2022 ¡ª As the end of my term approaches, I want to share with you that Doug O'Donnell, the IRS Deputy Commissioner for Services and Enforcement, has been selected to serve as acting IRS Commissioner. His selection, announced today by Treasury Secretary Yellen, will keep our important work for our nation moving forward until a new IRS commissioner is nominated by the Administration and confirmed by the Senate.

These frequently asked questions (FAQs) answer questions about the information reporting required under section 6050X. Section 6050X requires a government or governmental entity, including a nongovernmental entity treated as a governmental entity, to file an information return with the IRS with respect to amounts a payor is required to pay, pursuant to certain suits or agreements, with respect to the violation of the law or the investigation or inquiry into the potential violation of the law. Section 6050X also requires the government or governmental entity to furnish a written statement, which provides the same information that was provided to the IRS, to the payor.

Agency Financial Report (AFR) describes IRS's financial reports and includes the management quarterly updates.

Tax Tip 2024-04, Feb. 6, 2024 ¡ª Through new elective payment and transfer options, applicable businesses, tax-exempt organizations or entities such as state, local and tribal governments can take advantage of certain tax credits ¨C even if they don't have taxable income. They can apply these options to certain clean energy and manufacturing credits under the Inflation Reduction Act of 2022 and the CHIPS Act.

Jan. 5, 2024 ¡ª The IRS will automatically waive failure to pay penalties on unpaid taxes less than $100,000 for tax years 2020 or 2021.

Oct. 24, 2023 ¡ª The Commissioner speaks before the House Oversight and Accountability Committee Subcommittees on Government Operations and the Federal Workforce and Health Care and Financial Services on IRS Operations.

Sept. 25, 2023 ¡ª Pursuant to the requirements of the Balanced Budget and Emergency Deficit Control Act of 1985, as amended, refund payments issued to, and refund offset transactions for certain state and local government filers claiming refundable credits under section 6431 of the Internal Revenue Code (IRC) applicable to certain qualified bonds are subject to sequestration.

Insights into tribal governments' economic benefits of issuing tax-exempt bonds; their ability to issue tax-exempt bonds; what requirements must be met; and other applicable general rules.