News & Events
IRS Announces Key Milestone in FATCA Implementation; U.S. Begins Reciprocal Automatic Exchange of Tax Information under Intergovernmental Agreements
IR-2015-111, Oct. 2, 2015 — The IRS today announced the exchange of financial account information with certain foreign tax administrations, meeting a key Sept. 30 milestone related to FATCA, the Foreign Account Tax Compliance Act.
Drought-Stricken Farmers and Ranchers Have More Time to Replace Livestock; 48 States and Puerto Rico Affected
IR-2015-110, Sept. 29, 2015 — Farmers and ranchers who previously were forced to sell livestock due to drought have an extended period of time in which to replace the livestock and defer tax on any gains from the forced sales, the IRS announced today.
Tax-filing Extension Expires Oct. 15 for Millions of Taxpayers; Check Eligibility for Overlooked Tax Benefits
IR-2015-109, Sept. 28, 2015 — The IRS today urged taxpayers whose tax-filing extension runs out on Oct. 15 to double check their returns for often-overlooked tax benefits and then file their returns electronically using IRS e-file or the Free File system.
U.S. Signs Competent Authority Arrangements with Australia and the United Kingdom in Accordance with the Intergovernmental Agreements
IR-2015-108, Sept. 24, 2015 — The IRS announced today that the Competent Authority of the United States has signed Competent Authority Arrangements with Australia and the United Kingdom to improve international tax compliance and implement FATCA.
Many Businesses Must File Their Tax Returns by Sept. 15; More Businesses Are Choosing e-file as the Best Option
IR-2015-107, Sept. 11, 2015 — The IRS today reminded corporations and partnerships that took extensions to file their income tax returns by the Sept. 15 deadline, which applies to any business whose fiscal year is also the calendar year.
Interest Rates Remain the Same for the Fourth Quarter of 2015
IR-2015-106, Sept. 4, 2015 – The IRS today announced that interest rates will remain the same for the calendar quarter beginning October 1, 2015.
For Colleges and Universities: IRS Waives Penalties for Missing or Incorrect Taxpayer Identification Numbers
The IRS is waiving penalties assessed against any college, university or other educational institution for Forms 1098-T that were filed with an incorrect or missing taxpayer identification number (TIN).
Summer 2015 Statistics of Income Bulletin Now Available
IR-2015-105, Aug. 26, 2015 — The IRS today announced that the summer 2015 issue of the Statistics of Income Bulletin is available on IRS.gov.
2013 Individual Income Tax Returns Complete Report (Publication 1304) Now Available
IR-2015-104, Aug. 26, 2015 — The IRS today announced the availability of Statistics of Income 2013 Individual Income Tax Returns Complete Report (Publication 1304).
Webinar for Small Business to Focus on Tax Basics for the Self-Employed
IR-2015-103, Aug. 24, 2015 — The IRS will hold a free webinar Wednesday, Aug. 26, from 2 p.m. to 3 p.m. ET to provide basic tax information to new entrepreneurs and owners of existing small businesses.