News Releases for October 2016

Notice: Historical Content

This is an archival or historical document and may not reflect current law, policies or procedures.

IR-2016-143, Oct. 28, 2016 — The IRS today reminded employers and small businesses of a new Jan. 31 filing deadline for Forms W-2. The IRS must also hold some refunds until Feb. 15.

IR-2016-142, Oct. 28, 2016 –– The IRS today reminded the nation’s more than 725,000 federal tax return preparers that they must renew their Preparer Tax Identification Numbers (PTINs) for 2017.

IR-2016-141, Oct. 27, 2016 — The IRS today announced cost of living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2017.

IR-2016-139, Oct. 25, 2016 — The IRS today announced the tax year 2017 annual inflation adjustments for more than 50 tax provisions, including the tax rate schedules, and other tax changes.

IR-2016-138, Oct. 21, 2016 —The IRS today announced that 401(k)s and similar employer-sponsored retirement plans can make loans and hardship distributions to victims of Hurricane Matthew and members of their families. This is similar to relief provided this summer to Louisiana flood victims.

IR-2016-137, Oct. 21, 2016 — As international compliance efforts pass several new milestones, the IRS reminds U.S. taxpayers with undisclosed offshore accounts that they should use existing paths to come into full compliance with their federal tax obligations.

IR-2016-136, Oct. 19, 2016 — The IRS recently awarded over $21.5 million in TCE and VITA grants to organizations that provide free federal tax return preparation.

IR-2016-135, Oct. 17, 2016 –– Hurricane Matthew victims in much of North Carolina and parts of South Carolina, Georgia and Florida have until March 15, 2017, to file certain individual and business tax returns and make certain tax payments, the Internal Revenue Service announced today.

IR-2016-134, Oct. 17, 2016 — The IRS today reminded tax professionals that they can earn continuing education credits online through seminars filmed at the 2016 IRS Nationwide Tax Forums.

IR-2016-133, Oct. 14, 2016 –– The IRS today announced that U.S. taxpayers with maquiladora operations in Mexico will not be exposed to double taxation if they enter into a unilateral advance pricing agreement (APA) with the Large Taxpayer Division of Mexico’s Servicio de Administración Tributaria (SAT) under terms discussed in advance between the U.S. and Mexican competent authorities.

IR-2016-132, Oct. 13, 2016 — The IRS today advised taxpayers affected by Hurricane Matthew but not yet covered by a federal disaster declaration with individual assistance that they may qualify for relief from penalties if they are unable to meet Monday’s extended deadline for filing 2015 tax returns.

IR-2016-131, Oct. 11, 2016 –– North Carolina storm victims will have until March 15, 2017, to file certain individual and business tax returns and make certain tax payments, with similar relief expected soon for Hurricane Matthew victims in other states, the IRS announced today.

IR-2016-130, Oct. 7, 2016 — The IRS today urged taxpayers whose tax-filing extension runs out on Oct. 17 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.

IR-2016-129, Oct. 6, 2016 — The IRS reminds taxpayers affected by recent changes involving the Individual Taxpayer Identification Number (ITIN) program that they can now begin submitting their ITIN renewal applications to the IRS.

IR-2016-128, Oct. 5, 2016 —The IRS today offered advice to taxpayers who may be affected by storms or other natural disasters.

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