News & Updates

IRS alert: Charitable contribution scams on the rise; taxpayers beware of those promoting fraudulent schemes

National Tax Security Awareness Week, Day 2: IRS, Security Summit partners urge people to watch out for bad tax advice on social media

IRS announces 2025 grants for the Tax Counseling for the Elderly and Volunteer Income Tax Assistance Program

IRS warns of holiday scams, encourages protecting sensitive personal information as 9th annual National Tax Security Awareness Week starts

IRS provides transition relief for third-party settlement organizations; Form 1099-K threshold is $5,000 for calendar year 2024

Save for retirement now, get a tax credit later: Saver’s Credit can help low- and moderate-income taxpayers save more in 2025

IRS encourages taxpayers to prepare for 2025 filing season with online tools and key reminders

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