IRS
Latest News
N.Y. Congressman Requests Trump’s Support For Tax Cap Elimination
Chicago Aldermen Give Mayor Brandon Johnson’s $300M Property Tax Plan the Boot
Some Enrolled Agents Have Until Jan. 31 to Renew Their Status, IRS Says
Rho Launches Partner Portal Specifically For Accountants
IRS Says 2023 Filing Season to Start on Jan. 23
The IRS is expecting more than 168 million individual tax returns to be filed this year, most coming before April 18.
Q1 Quarterly Estimated Tax Payments Due Jan. 17, 2023
Fourth quarter 2022 estimated tax payments are due on or before January 17, 2023. Many taxpayers are required to make quarterly estimated tax payments during the year, and others do so voluntarily to stay current on their taxes.
IRS Gives Soaked Californians Extra Time to File 2022 Tax Returns
Taxpayers in any county covered by a federal emergency declaration have until May 15 to pay their income taxes.
IRS to Start 2023 Filing Season in Better Shape, National Taxpayer Advocate Says
“We have begun to see the light at the end of the tunnel,” Erin Collins wrote in her latest report to Congress.
New GOP Congress Passes Bill Erasing $71 Billion of IRS Funding
Those who supported the original funding bill say the increase will help the agency increase collections on existing tax laws, and therefore increase revenue, by ...
Congress Wants a Refund: Votes to Delete Most of $80 Billion Boost in IRS Funding
The bill had been a 2022 campaign priority for most GOP Congressional candidates, but to take effect, it would need to next pass in the ...
How to Prepare for the Corporate Minimum Tax
A corporate alternative minimum tax (CAMT) will apply to certain corporations reporting more than $1 billion in annual adjusted book income averaged over a three-year period...
IRS Corrected 14 Million Tax Returns with Average Refund of $1,232
Many of the 12 million refunds come from a change in the way unemployment insurance was taxed.