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IRS revises frequently asked questions on 2020 unemployment compensation exclusion
IR-2022-64, March 23, 2022 — The Internal Revenue Service today revised its frequently asked questions (FAQs) on 2020 unemployment compensation exclusion.
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News Media, Individuals, Tax Professionals
IRS announces tax relief for Puerto Rico severe storms, flooding and landslides
PR-2022-02, March 31, 2022 — Victims of severe storms, flooding and landslides beginning February 4, 2022 now have until June 15, 2022, to file various individual and business tax returns and make tax payments, the Internal Revenue Service announced today.
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News Media, Individuals
Taxpayer Advocacy Panel welcomes 25 new members; calls for new volunteers to apply by April 8 to help shape future of IRS, improve taxpayer rights
IR-2022-74, April 1, 2022 — The Internal Revenue Service today announced that it recommended, and the Department of the Treasury approved, the selection of 25 new members to serve on the Taxpayer Advocacy Panel (TAP) for 2022.
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New IRS Strategic Plan: Agency issues five-year plan with goal to help taxpayers
IR-2022-142, July 20, 2022 — The Internal Revenue Service today released a new five-year Strategic Plan that outlines its goals to improve taxpayer service and tax administration.
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IRS accepting applicants for Compliance Assurance Process for 2023
IR-2022-158, September 15, 2022 — The Internal Revenue Service announced today the opening of the application period for the 2023 Compliance Assurance Process (CAP) program.
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Corporations, News Media, Tax Professionals
IRS announces tax relief for victims of Hurricane Ian in Florida
FL-2022-19, September 29, 2022 — Victims of Hurricane Ian that began September 23 in Florida now have until February 15, 2023, to file various individual and business tax returns and make tax payments, the Internal Revenue Service announced today.
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News Media, Individuals, Businesses, Tax Professionals
IRS granting dyed diesel penalty relief as a result of Hurricane Ian
IR-2022-169, September 30, 2022 — The Internal Revenue Service, in response to disruptions resulting from Hurricane Ian, will not impose a penalty when dyed diesel fuel with a sulfur content that does not exceed 15 parts-per-million is sold for use or used by emergency vehicles on the highway in the state of Florida.
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News Media, Individuals, Businesses
IRS updates Information on tax credit helping businesses to hire certain categories of workers
IR-2022-159, September 19, 2022 — The IRS today updated information on the Work Opportunity Tax Credit (WOTC), available to employers that hire designated categories of workers who face significant barriers to employment. For employers facing a tight job market, the WOTC may be able to help.
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News Media, Businesses, Tax Professionals