News & Updates

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

IRS releases tax inflation adjustments for tax year 2025

IRS and Treasury issue guidance on implementation of advanced manufacturing investment credit

IRS reminds tax professionals to renew PTINs for 2025 tax season

IRS announces launch of pass-through compliance unit in LB&I; new group brings together teams of specialists from across the agency to tackle large or complex exams

Treasury, IRS issue guidance for the Sustainable Aviation Fuel Credit

IRS provides free Nov. 18 webinar on Compliance Assurance Process to help large businesses

IRS launches 2024 Nationwide Tax Forum Online: Tax professionals can now access new online seminars

IRS warns taxpayers of charity scams following recent hurricanes; provides tools to help people verify legitimate groups

IRS granting dyed diesel penalty relief as a result of Hurricane Milton

IRS announces extension of time for certain applicable entities to make an elective payment election on Form 990-T