IRS revises 2021 Child Tax Credit and Advance Child Tax Credit frequently asked questions IR-2022-108, May 20, 2022 — The IRS today issued a revised set of frequently asked questions for the 2021 Child Tax Credit. These frequently asked questions (FAQs) are released to the public in Fact Sheet 2022-29, May 20, 2022. IRS interest rates increase for the third quarter of 2022 IR-2022-107, May 20, 2022 — The Internal Revenue Service today announced that interest rates will increase for the calendar quarter beginning July 1, 2022. Face-to-face IRS help without an appointment available during special Saturday opening on May 14 IR-2022-106, May 10, 2022 — Although filing season has come and gone, the Internal Revenue Service recognizes taxpayers still need assistance. IRS provides guidance for residents of Puerto Rico to claim the Child Tax Credit IR-2022-105, May 6, 2022 — The Internal Revenue Service today issued guidance for certain individuals in Puerto Rico on how to file and claim the Child Tax Credit payments that they are entitled to receive under the American Rescue Plan Act. For National Small Business Week, special tax credit can help employers hire workers; key certification requirement applies IR-2022-104, May 6, 2022 — With many businesses facing a tight job market, the Internal Revenue Service reminds employers to check out a valuable tax credit available for hiring long-term unemployment recipients and other groups of workers facing significant barriers to employment. National Small Business Week: E-file, the best way to report payroll taxes IR-2022-103, May 5, 2022 — The Internal Revenue Service today urged small businesses to take advantage of the accuracy, speed and convenience of filing their payroll tax returns and making tax payments electronically. Ahead of hurricane season, IRS offers tips on ways to prepare for natural disasters IR-2022-102, May 5, 2022 — The Internal Revenue Service reminded taxpayers today that May includes National Hurricane Preparedness Week and is National Wildfire Awareness Month. This is a good time to create or review an emergency preparedness plan, including steps to protect important tax-related information. National Small Business Week: Making estimated tax payments electronically is fast and easy IR-2022-101, May 4, 2022 — The IRS reminds all businesses, including self-employed and gig workers, to make estimated tax payments quarterly, and that making them electronically is fast, easy and safe. For National Small Business Week, plan now to take advantage of tax benefits for 2022; enhanced deduction for business meals, home office deduction and more IR-2022-100, May 3, 2022 — The IRS today urged business taxpayers to begin planning now to take advantage of the enhanced 100% deduction for business meals and other tax benefits available to them when they file their 2022 federal income tax return. Low Income Taxpayer Clinic 2023 grant application period now open – National Taxpayer Advocate calls for applicants looking to serve their communities and uphold taxpayer rights IR-2022-99, May 2, 2022 — The Internal Revenue Service today announced the opening of the application period for Low Income Taxpayer Clinic (LITC) matching grants for calendar year 2023. Applications will be accepted from May 2 to June 16, 2022. IRS recognizes Small Business Week: Information and free resources for starting a business IR-2022-98, May 2, 2022 — During National Small Business Week, May 1 to 7, the IRS is highlighting tax benefits and resources tied to the Small Business Administration theme for this year’s celebration: “Building a Better America through Entrepreneurship.” News Release and Fact Sheet Archive Find an archive of news releases and fact sheets from November 2002 and news releases and a listing of fact sheets from 1997.