Found 1677 Matching Items; Displaying 1451 - 1460.
IRS: Going green could help taxpayers qualify for expanded home energy tax credits
IR-2023-97, May 4, 2023 — The Internal Revenue Service reminds taxpayers that making certain energy efficient updates to their homes could qualify them for home energy tax credits.
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News Media, Individuals, Tax Professionals
IRS seeking applications for TCE and VITA grants; organizations provide free tax return help for seniors, underserved
IR-2023-92, April 28, 2023 — The IRS is accepting applications for the Tax Counseling for the Elderly (TCE) and Volunteer Income Tax Assistance (VITA) grant, which allows eligible organizations to apply for annual funding to provide free federal tax return preparation assistance for up to three years.
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Tax Professionals, News Media
Seniors can reduce their tax burden by donating to charity through their IRA
Tax Tip 2022-171, November 8, 2022 — In most cases, distributions from a traditional Individual Retirement Account are taxable in the year the account owner receives them but there are some exceptions. A qualified charitable distribution is one of the few exceptions.
General Information
Individuals, Tax Professionals
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.
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News Media, Individuals, Tax Professionals
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.
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News Media, Tax Professionals, Businesses, Individuals
Dirty Dozen: IRS urges tax pros and other businesses to beware of spearphishing; offers tips to avoid dangerous common scams
IR-2023-62, March 29, 2023 —The IRS today warned tax professionals and businesses that they remain a top target for identity thieves and face threats from common scams on this year’s Dirty Dozen list.
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News Media, Businesses, Tax Professionals
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.
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News Media, Tax Professionals, Small Businesses
Tax Time Guide: Make IRS.gov the first stop for tax help
IR-2022-35, February 16, 2022 — With phone volumes continuing at historic levels, the Internal Revenue Service reminds taxpayers IRS.gov, should be the first stop for taxpayers seeking information and help with their federal taxes.
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Individuals, Tax Professionals, News Media
Tax Time Guide: Use the Where’s My Refund? tool or IRS2Go app to conveniently check tax refund status
IR-2022-43, February 24, 2022 — The Internal Revenue Service reminds taxpayers today that the fastest and easiest way to check on tax refunds is by using the Where's My Refund? tool on IRS.gov or through the IRS2Go mobile app.
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News Media, Individuals, Tax Professionals
Here are reasons people who don’t normally file should file a 2021 tax return
COVID Tax Tip 2022-08, January 13, 2022 — With tax filing season is just around the corner, this is a good time for those who don’t normally file to consider the benefits of filing a 2021 tax return. Filing can help them claim a refundable tax credit or get an income tax refund.
General Information
Individuals, Tax Professionals