Coalition Against Scam and Scheme Threats announce 2025 filing season changes aimed at preventing the spread of scams, schemes; new Fuel Tax Credit statement and increased review of “other withholding” claims among highlights  WASHINGTON — The Internal Revenue Service...

The SECURE 2.0 Act makes it easier for qualified individuals impacted by a federally declared major disaster to access their retirement savings. Eligibility A taxpayer may be eligible for relief that provides for expanded access to their retirement funds if their...

WASHINGTON — The Internal Revenue Service announced today tax relief for individuals and businesses in southern California affected by wildfires and straight-line winds that began on Jan. 7, 2025.  These taxpayers now have until Oct. 15, 2025, to file various...

WASHINGTON — The Department of the Treasury and the Internal Revenue Service today issued proposed regulations addressing certain SECURE 2.0 Act provisions, including a provision generally requiring newly-established 401(k) and 403(b) plans to automatically enroll...

Free File program now open; Direct File available starting Jan. 27 for taxpayers in 25 states WASHINGTON — The Internal Revenue Service today announced that the nation’s 2025 tax season  will start on Monday, Jan. 27, 2025, and will feature expanded and enhanced...

WASHINGTON — The Department of the Treasury and the Internal Revenue Service issued proposed regulations today addressing several SECURE 2.0 Act provisions relating to catch-up contributions, which are additional contributions under a 401(k) or similar workplace...

WASHINGTON — The Department of the Treasury and the Internal Revenue Service today issued final regulations identifying certain partnership related-party “basis shifting” transactions as transactions of interest – TOIs – subject to the rules for reportable...

WASHINGTON - The Internal Revenue Service today granted taxpayers an extra day, until Friday, Jan. 10, 2025, to file any return or pay any tax originally due on Thursday, Jan. 9. The IRS granted the extra time following the Dec. 29 Presidential Proclamation marking...

Attention: Software Developers, Return Transmitters and Authorized IRS e-file Providers/EROs. The IRS will begin accepting all business tax returns at 9 a.m. Eastern on January 15, 2025.

As tax filing season approaches, the IRS Get Ready campaign reminds taxpayers of simple steps they can take now to get ready to file their 2024 federal tax returns. As the IRS continues its digital transformation, it’s making filing easier for taxpayers by providing...