Found 5554 Matching Items; Displaying 5091 - 5100.
Interest rates increase for the first quarter of 2023
IR-2022-206, November 29, 2022 — The Internal Revenue Service today announced that interest rates will increase for the calendar quarter beginning January 1, 2023.
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News Media
IRS reminder: For many employers and self-employed people, deferred Social Security tax payment due Dec. 31
IR-2022-220, December 14, 2022 — The Internal Revenue Service today reminded employers and self-employed individuals that chose to defer paying part of their 2020 Social Security tax liability that their second annual installment of the deferred amount is due on December 31, 2022.
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IRS announces delay for implementation of $600 reporting threshold for third-party payment platforms’ Forms 1099-K
IR-2022-226, December 23, 2022 — The Internal Revenue Service today announced a delay in reporting thresholds for third-party settlement organizations set to take effect for the upcoming tax filing season.
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Businesses
Community and bilingual volunteers needed to provide free tax help in 2023
IR-2022-216, December 8, 2022 — The Internal Revenue Service is looking for volunteers to train for the upcoming filing season to provide free tax help in communities across the country. Bilingual volunteers are particularly needed.
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IRS reminds those over age 72 to start withdrawals from IRAs and retirement plans to avoid penalties
IR-2022-217, December 12, 2022 — The Internal Revenue Service today reminded those who were born in 1950 or earlier that funds in their retirement plans and individual retirement arrangements face important upcoming deadlines for required minimum distributions to avoid penalties.
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News Media, Individuals
Employers warned to beware of third parties promoting improper Employee Retention Credit claims
IR-2022-183, October 19, 2022 — The Internal Revenue Service today warned employers to be wary of third parties who are advising them to claim the Employee Retention Credit (ERC) when they may not qualify. Some third parties are taking improper positions related to taxpayer eligibility for and computation of the credit.
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News Media, Businesses
Security Summit: Tax pros should remain vigilant against phishing emails and cloud-based attacks
IR-2023-138, Aug. 1, 2023 — In the third installment of a special series, the Security Summit partners warned tax professionals to be aware of evolving phishing scams and cloud-based schemes designed to steal sensitive taxpayer information.
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News Media, Tax Professionals
IRS Employee Retention Credit compliance effort tops $1 billion threshold since fall; Voluntary Disclosure Program suspended after March 22, special withdrawal program remains open as audits, investigations intensify
IR-2024-78, March 22, 2024 — The Internal Revenue Service announced today that compliance efforts around erroneous Employee Retention Credit (ERC) claims have topped more than $1 billion so far since last fall as work continues on a number of efforts to counter questionable claims pushed by aggressive marketing, including an aggressive push on claims made for 2021.
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IRS reminder to U.S. taxpayers living, working abroad: File 2023 tax return by June 17; those impacted by terrorist attacks in Israel have until Oct. 7
IR-2024-79, March 22, 2024 — The Internal Revenue Service reminds taxpayers living and working outside the U.S. to file their 2023 federal income tax return by Monday, June 17, 2024. This deadline applies to both U.S. citizens and resident aliens abroad, including those with dual citizenship.
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