News Releases for November 2019

Get ready for taxes: Important things to know about refunds

IR-2019-191, November 26, 2019 — As tax filing season approaches, the Internal Revenue Service cautions taxpayers not to rely on receiving their refund by a certain date, especially when making major purchases or paying bills. Some tax returns may require additional review and those refunds may take longer.

IRS updates per diem guidance for business travelers and their employers

IR-2019-190, November 26, 2019 — The Internal Revenue Service today issued guidance for business travelers, updated to include changes resulting from the Tax Cuts and Jobs Act (TCJA).

Treasury, IRS issue final regulations on the Foreign Tax Credit

IR-2019-193, December 2, 2019 — The Internal Revenue Service issued final regulations today on the Foreign Tax Credit, a long-standing tax benefit that generally allows individuals and businesses to claim a credit for income taxes paid or accrued to foreign governments.

Final regulations confirm: Making large gifts now won’t harm estates after 2025

IR-2019-189, November 22, 2019 — The Treasury Department and the IRS today issued final regulations confirming that individuals taking advantage of the increased gift and estate tax exclusion amounts in effect from 2018 to 2025 will not be adversely impacted after 2025 when the exclusion amount is scheduled to drop to pre-2018 levels.

IRS announces 2020 Tax Counseling for the Elderly Grants

IR-2019-188, November 22, 2019 — The IRS recently awarded more than $9.8 million in TCE grants to organizations that provide free federal tax return preparation.

IRS Advisory Council issues 2019 Annual Report

IR-2019-187, November 20, 2019 — The Internal Revenue Service Advisory Council (IRSAC) today issued its annual report for 2019, including recommendations to the IRS on new and continuing issues in tax administration.

IRS reminds tax professionals of tasks to get ready for 2020

IR-2019-186, November 19, 2019 — The IRS today reminded tax professionals to review their e-Services account to ensure all contact information is accurate and to add or remove users. Reviewing e-Services information is just one of the tasks tax pros should complete now to get ready for 2020.

Security Summit marks 4th National Tax Security Awareness Week

IR-2019-185, November 18, 2019 —The IRS, state tax agencies and the nation’s tax industry today announced that the 4th Annual National Tax Security Awareness Week will take place between December 2 and December 6.

IRS: Eligible employees can use tax-free dollars for medical expenses

IR-2019-184, November 15, 2019 — With health care open season now under way at many workplaces, the Internal Revenue Service today reminded workers they may be eligible to use tax-free dollars to pay medical expenses not covered by other health plans.

IRS updates guidance for deductible business, charitable, medical and moving expenses

IR-2019-183, November 14, 2019 — The Internal Revenue Service today issued guidance for taxpayers with certain deductible expenses to reflect changes resulting from the Tax Cuts and Jobs Act (TCJA).

IRS increases enforcement action on Syndicated Conservation Easements

IR-2019-182, November 12, 2019 — The IRS announced today a significant increase in enforcement actions for syndicated conservation easement transactions, a priority compliance area for the agency.

Get Ready for Taxes: Important things to know about tax credits

IR-2019-181, November 7, 2019 - With the tax filing season quickly approaching, the Internal Revenue Service recommends taxpayers take time now to determine if they are eligible for important tax credits.

IRS provides tax inflation adjustments for tax year 2020

IR-2019-180, November 6, 2019 — The IRS today announced the tax year 2020 annual inflation adjustments for more than 60 tax provisions, including the tax rate schedules and other tax changes.

401(k) contribution limit increases to $19,500 for 2020; catch-up limit rises to $6,500

IR-2019-179, November 6, 2019 — The Internal Revenue Service today announced that employees in 401(k) plans will be able to contribute up to $19,500 next year.

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.