IR-2020-52, March 9, 2020 WASHINGTON — The Internal Revenue Service today reminded taxpayers, businesses, tax professionals and others to take advantage of a wide variety of free IRS email subscription services that feature things like the annual “Dirty Dozen” list of tax scams, which is coming this month. The e-News Subscription service issues tax information by email…
IRS YouTube Videos: Free Help Preparing Your Tax Return – English | Spanish | ASLDo-It-Yourself Free Tax Preparation – English | Spanish | ASL IR-2020-47, March 3, 2020 WASHINGTON — The Internal Revenue Service reminds taxpayers that free tax help is available in-person at nearly 11,000 volunteer sites nationwide and online through IRS Free File. This news release is part of a series called the Tax Time…
IR-2020-45, February 28, 2020 WASHINGTON — The Internal Revenue Service is reminding taxpayers today that the best way to check on their tax refund is by using the “Where’s My Refund?” tool at IRS.gov or through the IRS2Go Mobile App. This news release is part of a group of IRS tips called the Tax Time Guide. The…
IR-2020-43, February 26, 2020 WASHINGTON — The Internal Revenue Service’s Low Income Taxpayer Clinic (LITC) Program Office has issued its annual program report (PDF). The report describes how LITCs provide representation, education, and advocacy for taxpayers who are low income or speak English as a second language (ESL). The LITC Program is a federal grant program administered by the…
IR-2020-39, February 24, 2020 WASHINGTON — The Internal Revenue Service issued proposed regulations on the business expense deduction for meals and entertainment following changes made by the Tax Cuts and Jobs Act (TCJA). The 2017 TCJA eliminated the deduction for any expenses related to activities generally considered entertainment, amusement or recreation. It also limited the deduction for…
IR-2020-31, February 14, 2020 WASHINGTON — Offering time-saving alternatives to a telephone call, the Internal Revenue Service reminds taxpayers they can get fast answers to their refund questions by using the “Where’s My Refund?” tool available on IRS.gov and through the IRS2Go app. The IRS issues nine out of 10 refunds in less than 21 days,…
IR-2020-32, February 14, 2020 WASHINGTON — The IRS and its Security Summit partners today called on tax professionals and taxpayers to use the free, multi-factor authentication feature being offered on tax preparation software products. Already, nearly two dozen tax practitioner firms have reported data thefts to the IRS this year. Use of the multi-factor authentication…
IR-2020-28, February 11, 2020 WASHINGTON — The U.S. Department of the Treasury and the Internal Revenue Service today issued proposed regulations updating the federal income tax withholding rules to reflect changes made by the Tax Cuts and Jobs Act (TCJA) and other legislation. In general, the proposed regulations, available now in the Federal Register, are designed to…
IR-2020-26, January 31, 2020 WASHINGTON — The Internal Revenue Service announced today the overwhelming acceptance of a time-limited settlement offer made to certain taxpayers under audit who participated in abusive micro-captive insurance transactions. Nearly 80% of taxpayers who received offer letters elected to accept the settlement terms. In addition, the IRS is establishing 12 new…
Focuses on needs of taxpayers, tax professionals and businesses IR-2020-27, February 3, 2020 WASHINGTON — The Internal Revenue Service today launched Identity Theft Central, designed to improve online access to information on identity theft and data security protection for taxpayers, tax professionals and businesses. Located on IRS.gov, Identity Theft Central is available 24/7 at irs.gov/identitytheft. It is…