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Found 564 Matching Items; Displaying 471 - 480.

Large tax refunds and credits subject to review by the Joint Committee on Taxation – What to expect

Any claim for refund or credit may be reviewed by the IRS. If you claim a refund or credit on your federal tax return of more than $2 million ($5 million for a C corporation), the IRS must review the refund or credit and provide a report to the Joint Committee on Taxation (JCT).
General Information
Individuals, Corporations

Get an automatic six more months to file; all taxpayers can use IRS Free File to request an extension

IR-2022-71, March 29, 2022 — The IRS reminds taxpayers that if they’re unable to file their tax return by this year’s April 18 deadline, there’s an easy, online option to get more time to complete their return.
News
News Media, Individuals, Tax Professionals, Businesses

For National Small Business Week, special tax credit can help employers hire workers; key certification requirement applies

IR-2022-104, May 6, 2022 — With many businesses facing a tight job market, the Internal Revenue Service reminds employers to check out a valuable tax credit available for hiring long-term unemployment recipients and other groups of workers facing significant barriers to employment.
News
News Media, Tax Professionals, Small Businesses

For Illinois and Tennessee tornado victims, IRS extends 2021 tax-filing deadline, other deadlines to May 16

IR-2021-252, December 20, 2021 — Victims of this month’s tornadoes in parts of Illinois and Tennessee will have until May 16, 2022, to file various individual and business tax returns and make tax payments, the Internal Revenue Service announced today. This is the same relief already provided to storm victims in Kentucky.
News
News Media, Individuals, Businesses, Tax Professionals

What if I get a levy against one of my employees, vendors, customers or other third parties?

If you get a levy against one of your employees, vendors, customers, or other third party, you must turn over to the IRS any property you have that belongs to the person levied against.
General Information
Small Businesses

IRS reminder to many: Make final 2021 quarterly tax payment by Jan. 18; avoid surprise tax bill, possible penalty

IR-2022-03, January 5, 2022 — The IRS urges taxpayers to check into their options to avoid being subject to estimated tax penalties, which apply when someone underpays their taxes.
News
News Media, Individuals, Tax Professionals, Businesses

IRS: California storm victims qualify for tax relief; April 18 deadline, other dates extended to May 15

IR-2023-03, January 10, 2023 — California storm victims now have until May 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, Businesses

Topic B — Frequently asked questions about income and price limitations for the New Clean Vehicle Credit

Frequently asked questions about income and price limitations for the new Clean Vehicle Credit.
Frequently Asked Questions
Individuals, Tax Professionals, Businesses

Employment tax forms

Find employment tax forms a small business or self-employed person needs to file their taxes.
General Information
Small Businesses

Separation of liability relief

Separation of liability can relieve you from paying your spouse's share of understated taxes from a joint tax return if you are no longer married or living together.
General Information
Small Businesses

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