News & Updates

IRS, Security Summit partners announce 9th annual National Tax Security Awareness Week starting Dec. 2

IRS urges businesses to act by Nov. 22 to resolve improper Employee Retention Credit claims through Voluntary Disclosure Program; third-party payer deadline newly extended to Dec. 31

IRS takes steps to help prevent refund delays by accepting duplicate dependent returns with an IP PIN for 2025 filing season; taxpayers encouraged to sign up soon for IP PIN, Online Account

IRS Advisory Council issues 2024 annual report

Treasury, IRS finalize more partnership clean energy regulations and propose related administrative requirements

Interest rates decrease for the first quarter of 2025

IRS: International Fraud Awareness Week highlights how to report fraud; taxpayer protection against scams, schemes

Give more, tax-free: Eligible IRA owners can donate up to $105,000 to charity in 2024

Many businesses must report beneficial ownership information to Treasury by Jan. 1; free webinar can help

IRS publishes 2024 Financial Report; resolves longstanding significant deficiency

IRS: Healthcare FSA reminder: Employees can contribute up to $3,300 in 2025; must elect every year

401(k) limit increases to $23,500 for 2025, IRA limit remains $7,000

IRS hires new Associate Chief Counsel to focus on partnerships and other passthrough entities

National Cybersecurity Awareness Month reminder: IRS and Security Summit supply online safety tips

IRS relief now available to flood victims in the Juneau area; multiple deadlines postponed to May 1, 2025

Treasury, IRS issue final regulations for the Advanced Manufacturing Production Credit

Treasury and IRS issue guidance for the Energy Efficient Home Improvement Credit

Treasury, IRS grant filing exception for tax-exempt organizations from filing new Form 4626, Alternative Minimum Tax - Corporations

IRS encourages all taxpayers to sign up for an IP PIN for the 2025 tax season

IRS reminder to disaster area taxpayers with extensions: Parts of 8 states need to file 2023 returns by Nov. 1; others have until Feb. 3 or May 1