News & Updates

IRS and Treasury issue guidance for owners of solar and wind powered energy facilities in low-income communities for increased energy credit under the Inflation Reduction Act

IRS cautions plan sponsors to be alert to compliance issues associated with ESOPs

IRS launches paperless processing initiative

Security Summit reminder: Identity theft red flags tax pros should know

IRS: Builders of qualified new energy efficient homes might qualify for an expanded tax credit under Section 45L

Treasury and IRS issue guidance relating to section 5000D of the Internal Revenue Code

Home energy audits may qualify for an Energy Efficient Home Improvement Credit

Treasury and IRS issue proposed regulations identifying certain monetized installment sales as listed transactions

Security Summit: Tax pros should remain vigilant against phishing emails and cloud-based attacks

IRS selects new Chief Transformation and Strategy Officer to lead change efforts under the Inflation Reduction Act; David Padrino to oversee Strategic Operating Plan work to help taxpayers, drive agency improvements

IRS invites public input on ways to improve dispute resolution programs; suggestions wanted

IRS Commissioner signals new phase of Employee Retention Credit work; with backlog eliminated, additional procedures will be put in place to deal with growing fraud risk

Security Summit: Identity Protection PINs are an important tool against tax-related identity theft

IRS ends unannounced revenue officer visits to taxpayers; major change to end confusion, enhance safety as part of larger agency transformation efforts

For employers and tax pros, free IRS webinar to focus on Employee Retention Credit

Taxpayers see wave of summer email, text scams; IRS urges extra caution with flood of schemes involving Economic Impact Payments, Employee Retention Credits, tax refunds

Extension filers: IRS.gov should be first step for summertime tax help; agency encourages those with extensions to file soon

Specially designed Security Summit plan helps tax pros protect data; summer security series begins

IRS reminder to storm victims in 4 states: File and pay by July 31; parts of Arkansas, Indiana, Mississippi and Tennessee affected

Building on filing season 2023 success, IRS continues to improve service, pursue high-income individuals evading taxes, modernize technology