National Tax Security Awareness Week, Day 5: As tax season approaches, IRS, Security Summit partners warn taxpayers, tax professionals to watch out for emerging scams by email, text, phone IR-2023-229, Dec. 1, 2023 — To wrap up National Tax Security Awareness Week, the Internal Revenue Service and the Security Summit partners today reminded taxpayers and tax professionals to stay alert against emerging scams during the upcoming filing season and throughout the year. Treasury, IRS provide guidance for those who manufacture new clean vehicles IR-2023-228, Dec. 1, 2023 — The Department of the Treasury and the Internal Revenue Service today issued two items of guidance on the excluded entity restriction of the section 30D clean vehicle credit, as amended by the Inflation Reduction Act. National Tax Security Awareness Week, Day 4: Summit partners urge businesses to take steps to prevent data loss, fraud IR-2023-227, Nov. 30, 2023 – As part of National Tax Security Awareness Week, the Internal Revenue Service and the Security Summit partners today urged businesses to remain vigilant against cyberattacks aimed at stealing their customer's personal information and other business data that can help identity thieves. National Tax Security Awareness Week, Day 3: IRS Identity Protection PIN can help avoid fraud and tax-related identity theft IR-2023-226, Nov. 29, 2023 — As part of ongoing efforts to increase security, the Internal Revenue Service and the Security Summit partners today reminded taxpayers they can get extra protection against identity theft during the 2024 tax season by joining the IP PIN program. IRS supports international efforts to fight fraud during Charity Fraud Awareness Week IR-2023-225, Nov. 28, 2023 — On Giving Tuesday and as part of Charity Fraud Awareness Week, the Internal Revenue Service highlighted its continued support of international efforts to fight fraud and charity scams. National Tax Security Awareness Week, Day 2: Security Summit reminds tax pros about importance of written security plans and data breach response; special webinar planned for Nov. 30 IR-2023-224, Nov. 28, 2023 — As part of a larger effort to protect taxpayers against identity theft, the Internal Revenue Service and the Security Summit partners today reminded tax professionals to protect themselves and their client’s sensitive information, including putting in place written security plans and following new requirements to use multi-factor authentication. IRS, Security Summit partners launch 2023 National Tax Security Awareness Week focusing on holiday scams, protecting personal information as tax season nears IR-2023-223, Nov. 27, 2023 — On Cyber Monday, the Internal Revenue Service, state tax agencies and the nation’s tax industry – working together as the Security Summit – kicked-off the 8th National Tax Security Awareness Week with tips for taxpayers and tax professionals to avoid scams and protect sensitive personal information. Saver’s Credit can help low- and moderate-income taxpayers to save more in 2024 IR-2023-222, Nov. 22, 2023 — The Internal Revenue Service reminds low- and moderate-income taxpayers that they can save for retirement now and possibly earn a special tax credit in 2024 and years ahead. IRS announces delay in Form 1099-K reporting threshold for third party platform payments in 2023; plans for a threshold of $5,000 for 2024 to phase in implementation IR-2023-221, Nov. 21, 2023 — Following feedback from taxpayers, tax professionals and payment processors and to reduce taxpayer confusion, the Internal Revenue Service today released Notice 2023-74 announcing a delay of the new $600 Form 1099-K reporting threshold for third party settlement organizations for calendar year 2023. Treasury and IRS issue proposed regulations defining energy property IR-2023-220, Nov. 17, 2023 — The Department of the Treasury and the Internal Revenue Service today issued proposed regulations updating rules for the investment tax credit under section 48 (ITC) that have been unchanged since 1987. Interest rates remain the same for the first quarter of 2024 IR-2023-219, Nov. 17, 2023 — The Internal Revenue Service today announced that interest rates will remain the same for the calendar quarter beginning Jan. 1, 2024. IRS, Security Summit partners announce 8th annual National Tax Security Awareness Week begins Nov. 27; focus on raising awareness among taxpayers, tax pros on security tips to protect against identity theft, scams IR-2023-218, Nov. 17, 2023 — The IRS, along with its Security Summit partners in state tax agencies and the nation's tax industry, today announced a special week focusing taxpayer and tax professional awareness on protecting sensitive financial information against identity thieves as the holidays and the 2024 tax season approach. IRS reminds eligible 2020 and 2021 non-filers to claim Recovery Rebate Credit before time runs out IR-2023-217, Nov. 17, 2023 — The Internal Revenue Service is reminding those who may be entitled to the Recovery Rebate Credit to file a tax return and claim their money before it’s too late. Treasury, IRS propose regulations implementing disallowance of deductions for certain conservation easement contributions by partnerships, S corporations IR-2023-216, Nov. 17, 2023 — The Department of the Treasury and the Internal Revenue Service today issued proposed regulations that provide guidance under a new section of the law that disallows deductions for certain charitable conservation contributions by partnerships and other pass-through entities. Syndicated conservation easements have been included in the IRS’ annual list of Dirty Dozen tax schemes for many years. Qualified charitable distributions allow eligible IRA owners up to $100,000 in tax-free gifts to charity IR-2023-215, Nov. 16, 2023 — The Internal Revenue Service today reminded individual retirement arrangement (IRA) owners age 70½ or over that they can transfer up to $100,000 to charity tax-free each year. IRS selects Rajiv Uppal as new Chief Information Officer; veteran technology executive will assist with ongoing transformation work IR-2023-214, Nov. 15, 2023 — The Internal Revenue Service announced today that Rajiv Uppal has been selected to be the next chief information officer and assist with the tax agency’s transformation work. IRS offers free Nov. 16 webinar on new information return e-file threshold change taking effect next year IR-2023-213, Nov. 14, 2023 — The Internal Revenue Service will hold a free webinar at 1 p.m. ET on Thursday, Nov. 16, to update employers, tax professionals and others on the most recent developments of the e-file requirements for information returns that take effect Jan. 1, 2024. IRS highlights International Fraud Awareness Week; taxpayers urged to protect against scams, schemes IR-2023-212, Nov. 13, 2023 — As part of ongoing efforts to protect taxpayers, the Internal Revenue Service reminds people that International Fraud Awareness Week serves as an important time to protect personal and financial information from scam artists and tax schemes. IRS updates frequently asked questions related to wrongful incarceration of a United States service member IR-2023-211, Nov. 13, 2023 — The Internal Revenue Service today issued frequently asked questions (FAQs) on Fact Sheet 2023-26 updating question 9 to reflect that wrongfully incarcerated United States service members cannot exclude certain payments from gross income. Tax season rapidly approaching: Get ready now to file 2023 federal income tax returns in early 2024 IR-2023-210, Nov. 13, 2023 — With the nation’s tax season rapidly approaching, the Internal Revenue Service reminds taxpayers there are important steps they can take now to help “get ready” to file their 2023 federal tax return. IRS publishes its fiscal year 2023 Financial Report; receives award for 2022 report IR-2023-209, Nov. 9, 2023 — The IRS today issued its most recent Financial Report. Earlier this year AGA, formerly known as the Association of Government Accountants, presented the IRS its first Certificate of Excellence in Accountability Reporting (CEAR) award. IRS provides tax inflation adjustments for tax year 2024 IR-2023-208, Nov. 9, 2023 — The Internal Revenue Service today announced the annual inflation adjustments for more than 60 tax provisions for tax year 2024, including the tax rate schedules and other tax changes. IRS Advisory Council issues 2023 Annual Report IR-2023-207, Nov. 9, 2023 — The Internal Revenue Service Advisory Council (IRSAC) today issued its annual report for 2023, including recommendations to the IRS on new and continuing issues in tax administration. Clean vehicle sellers and dealers should register with Energy Credits Online; register by Dec. 1, 2023 to ensure Jan. 1 availability IR-2023-206, Nov. 8, 2023 — The Internal Revenue Service reminded dealers and sellers of clean vehicles to register their organizations immediately on the Energy Credits Online tool. Avoid a surprise next year; review tax withholding now before time runs out IR-2023-205, Nov. 3, 2023 — With 2023 rapidly coming to a close, the Internal Revenue Service today encouraged taxpayers to review their tax withholding as soon as possible to avoid a potential surprise when they file their tax return next year. Digital asset public hearing rescheduled for Nov. 13 IR-2023-204, Nov. 2, 2023 — The Internal Revenue Service announced today that the hearing on proposed regulations regarding digital asset transactions currently scheduled for Nov. 7 has been rescheduled for Nov. 13, 2023. 401(k) limit increases to $23,000 for 2024, IRA limit rises to $7,000 IR-2023-203, Nov. 1, 2023 — The Internal Revenue Service announced today that the amount individuals can contribute to their 401(k) plans in 2024 has increased to $23,000, up from $22,500 for 2023. IRS opens free Energy Credit Online tool for sellers of clean vehicles to register for time-of-sale reporting and dealer advance payments for the Clean Vehicle Credit IR-2023-202, Nov. 1, 2023 — The Internal Revenue Service announced today that sellers of clean vehicles can now register using the new IRS Energy Credits Online tool, available free from the IRS. News release and fact sheet archive Find previous year news releases and fact sheets from 1997 through last month.
