News & Updates

IRS reminds gig workers, self-employed and others of Sept. 15 third quarter estimated tax payment deadline

IRS accepting applicants for the 2024 Compliance Assurance Process

IRS: South Carolina taxpayers impacted by Idalia qualify for tax relief; Oct. 16 deadline, other dates postponed to Feb. 15

IRS issues a frequently asked question for pass-through entities to report negative amounts electronically to the IRS on Part II of Schedules K-2 and K-3

September is National Preparedness Month; IRS reminds taxpayers to prepare for natural disasters

IRS reminder: Make sure to understand recent changes when buying a clean vehicle

IRS issues guidance on state tax payments

IRS: Those impacted by Idalia qualify for tax relief; Oct. 16 deadline, other dates postponed to Feb. 15

Businesses must electronically file Form 8300, Report of Cash Payments Over $10,000, beginning January 1, 2024

Treasury and IRS issue proposed regulations on prevailing wage and apprenticeship requirements for increased energy credit or deduction amounts

IRS announces administrative transition period for new Roth catch up requirement; catch-up contributions still permitted after 2023

Interest rates increase for the fourth quarter 2023

Treasury and IRS issue proposed regulations on reporting by brokers for sales or exchanges of digital assets; new steps designed to end confusion, help taxpayers, aid high-income compliance work

Reminder to employers and employees: Educational assistance programs can be used to help pay workers’ student loans; free IRS webinar will offer details

IRS: Hawaii wildfire victims qualify for tax relief; Oct. 16 deadline, other dates postponed to Feb. 15

New school year reminder to educators; maximum educator expense deduction is $300 in 2023

IRS encourages truckers to e-file by August 31 tax payment deadline

Inflation Reduction Act 1-year report card: IRS delivers dramatically improved 2023 filing season service, modernizes technology, pursues high-income individuals evading taxes

Security Summit: IRS reminds tax pros to plan, protect, defend against identity theft; special summer series concludes with important reminders

Taxpayers not under examination now have easier way to electronically request relief for late-filed international documents and forms