Found 1420 Matching Items; Displaying 851 - 860.
Reminder: backup withholding payment deadlines are coming soon
Tax Tip 2023-08, January 25, 2023 — Businesses or other payers required to take backup withholding funds from payments should make sure they have a few upcoming filing deadlines on their calendar.
General Information
Businesses
Advanced Manufacturing Production Credit
The Advanced Manufacturing Production Credit is a credit for the production (within the United States) and sale of certain eligible components including solar and wind energy components, inverters, qualifying battery components and applicable critical minerals.
General Information
Businesses
For the first time, maximum educator expense deduction rises to $300 in 2022; limit $250 for those filing 2021 tax returns
IR-2022-70, March 29, 2022 — The IRS today reminded teachers and other educators planning ahead for 2022 that they’ll be able to deduct up to $300 of out-of-pocket classroom expenses when they file their federal income tax return next year.
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Year-end giving reminder: Special tax deduction helps most people give up to $600 to charity, even if they don’t itemize
IR-2021-214, November 3, 2021 — The Internal Revenue Service today reminded taxpayers that a special tax provision will allow more Americans to easily deduct up to $600 in donations to qualifying charities on their 2021 federal income tax return.
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Married couples in business
The employment tax requirements for family employees may vary from those that apply to other employees. On this page we point out some issues to consider when operating a business as a married couple.
General Information
Small Businesses
IRS help available to victims of Hurricanes Helene and Milton; May 1 deadline now applies to individuals and businesses
IR-2024-266, Oct. 11, 2024 — In the wake of the devastating hurricanes that have ravaged Florida and the Southeast in recent weeks, the Internal Revenue Service today reassured victims that it stands ready to provide the tax-related assistance they need to recover from these storms.
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IRS Free File can help those with no filing requirement get overlooked tax credits, refunds; extension requests also available
IR-2024-103, April 10, 2024 — The Internal Revenue Service today encouraged low- to moderate-income individuals and families, especially those who don’t normally file a tax return, to use IRS Free File to prepare their federal tax return and get potentially overlooked refunds and tax credits.
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SOI Tax Stats - Tax-exempt bonds studies data sources and limitations
Discussion of the data sources and limitations for SOI's studies of Tax-Exempt Bonds.
About IRS
Two Florida men sentenced in multimillion-dollar tax refund scheme
Nov. 20, 2024 — Two Florida men were sentenced today for their involvement in the “Note Program,” a tax fraud scheme. Jasen Harvey, of Tampa, was sentenced to 48 months in prison and Christopher Johnson, of Orlando, was sentenced to 37 months in prison for conspiring to defraud the United States.
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Physician sentenced for prescription drug conspiracy resulting in death
Jan. 3, 2025 — Shakeel Kahn was sentenced to 25 years in prison with five years of supervised release to follow for crimes involving drug distribution, firearms possession, and money laundering.
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