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IR-2021-252, December 20, 2021 ¡ª 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.

Eligible employers may be able to claim a tax credit of up to $5,000, for three years, for the ordinary and necessary costs of starting a SEP, SIMPLE IRA or qualified plan (like a 401(k) plan.) A tax credit reduces the amount of taxes you may owe on a dollar-for-dollar basis.

The Internal Revenue Service and the Urban-Brookings Tax Policy Center plan to co-sponsor their thirteenth annual tax administration research conference next year. It will be held on June 22, 2023 at the Urban Institute in Washington, DC. We invite you to propose a research paper on a tax administration topic for the 2023 conference. General areas of interest include measuring and influencing taxpayer compliance, estimating taxpayer compliance costs (burden), tax complexity, improving tax administration (e.g., through service, enforcement, systems, third parties, changing the tax law or regulations, etc.), and understanding the nature and behavior of the taxpayer population.

If you like challenges, working with numbers, and using technology, SOI has a career for you. We¡¯re particularly interested in economists, IT professionals, and statisticians.

SOI Bulletin: Spring 2008

Frequently asked questions on plan investments.

IR-2023-114, June 12, 2023 ¡ª Tax professionals who attend this summer¡¯s IRS Nationwide Tax Forums will see a new series of special events, including sessions focused on practice management, the taxpayer experience and cybersecurity and a town hall meeting with the National Taxpayer Advocate.

The Statistics of Income (SOI) Bulletin is issued quarterly by the Statistics of Income Division of the Internal Revenue Service. The report provides the earliest published annual financial statistics obtained from the various types of tax and information returns filed, as well as information from periodic or special analytical studies of particular interest to students of the U.S. tax system, tax policymakers, and tax administrators. Selected historical and other data tables, previously published in the spring issue of the Bulletin are now only available on SOI¡¯s pages of the IRS Website.

SOI Tax Stats - SOI Bulletin: Summer 2006

IR-2022-03, January 5, 2022 ¡ª The IRS urges taxpayers to check into their options to avoid being subject to estimated tax penalties, which apply when someone underpays their taxes.