IR-2021-42, February 19, 2021 WASHINGTON — The Internal Revenue Service is reminding those with income from a farming or fishing business that they can avoid making any estimated tax payments by filing and paying their entire tax due on or before March 1. This rule generally applies if farming or fishing income was at least…
IR-2021-36, February 11, 2021 WASHINGTON — The Internal Revenue Service today reminded taxpayers they can securely access their IRS account information through their individual online account. The IRS regularly adds features to online account. For example, people can now check the amounts of their Economic Impact Payments (EIPs) to help them accurately calculate any Recovery Rebate…
IR-2021-32, February 9, 2021 WASHINGTON — The Internal Revenue Service announced today that Nancy Sieger has been selected as the Chief Information Officer. She has served as acting CIO since June 2019. “Nancy has done an exemplary job as Acting CIO supporting delivery of two rounds of Economic Interest Payments totaling more than $420 billion along with…
IR-2021-27, January 29, 2021 WASHINGTON — The Internal Revenue Service today explained how corporations may qualify for the new 100% limit for disaster relief contributions and offered a temporary waiver of the recordkeeping requirement for corporations otherwise qualifying for the increased limit. The Taxpayer Certainty and Disaster Tax Relief Act of 2020 (TCDTRA of 2020),…
IR-2021-27, January 29, 2021 WASHINGTON — The Internal Revenue Service today explained how corporations may qualify for the new 100% limit for disaster relief contributions and offered a temporary waiver of the recordkeeping requirement for corporations otherwise qualifying for the increased limit. The Taxpayer Certainty and Disaster Tax Relief Act of 2020 (TCDTRA of 2020),…
IR-2021-20, January 25, 2021 WASHINGTON – The Internal Revenue Service today rolled out a new online option that will help tax professionals remotely obtain signatures from individual and business clients and submit authorization forms electronically. Tax professionals can find the new “Submit Forms 2848 and 8821 Online” on the IRS.gov/taxpro page. Tax professionals must have…
IR-2021-15, January 15, 2021 IRS YouTube Video: Do Your Taxes for Free with Free File – English | Spanish WASHINGTON — IRS Free File – online tax preparation products available at no charge – launched today, giving taxpayers an early opportunity to claim credits like the Recovery Rebate Credit and other deductions, the Internal Revenue Service announced. Leading tax software…
Identity theft remains on IRS’ “Dirty Dozen” list despite progress | Internal Revenue Service IRS YouTube Videos: Dirty Dozen – English | Spanish | ASL IR-2019-30, March 6, 2019 WASHINGTON — Despite a steep drop in tax-related identity theft in recent years, the Internal Revenue Service today warned taxpayers that the scam remains serious enough…
IR-2018-243, December 6, 2018 WASHINGTON – As the 2019 tax season approaches, the IRS, state tax agencies and the nation’s tax industry joined together to warn small businesses to be on-guard against a growing wave of identity theft and W-2 scams. Small business identity theft is big business for identity thieves. Just like individuals, businesses…
IR-2018-241, December 4, 2018 WASHINGTON — To help protect against cybercriminals stealing identities, the IRS, state tax agencies and the nation’s tax industry urged people to review new, stronger standards to protect the passwords of their online accounts. Every individual or tax practitioner who maintains any type of online accounts should use strong passwords to…
