IRS Has a Reminder for Extension Filers: Prior-Year Adjusted Gross Income Amount May Be Needed to File Electronically
IR-2016-124, Sept. 22, 2016 — The IRS has an important reminder for taxpayers who filed for an extension and face an Oct. 17 filing deadline: the adjusted gross income (AGI) amount from your 2014 return may be needed to electronically file a tax return.
IRS and Security Summit Partners Warn of Fake Tax Bills
IR-2016-123, Sept. 22, 2016 — The IRS and its Security Summit partners today issued an alert to taxpayers and tax professionals to be on guard against fake emails purporting to contain an IRS tax bill related to the Affordable Care Act.
IRS Urges Employers to Take Advantage of Expanded Work Opportunity Tax Credit; Employers Have until Sept. 28 to Request Certification for Many New Hires
IR-2016-122, Sept. 20, 2016 — With a key certification deadline fast approaching, the IRS today urged employers to take advantage of a valuable tax credit designed to help those who hire long-term unemployment recipients and workers who face significant barriers to employment.
Interest Rates Remain the Same for the Fourth Quarter of 2016
IR-2016-121, Sept. 14, 2016 — Interest rates for the quarter beginning Oct. 1 remain the same as in the previous quarter.
IRS Announces 16 New Members for the Electronic Tax Administration Advisory Committee (ETAAC)
IR-2016-120, Sept. 6, 2016 — The IRS today announced the selection of 16 new members of the Electronic Tax Administration Advisory Committee.
IRS Warns of a New Wave of Attacks Focused on Tax Professionals
IR-2016-119, Sept. 2, 2016 – The IRS today warned tax professionals of a new wave of attacks that allow identity thieves to file fraudulent tax returns by remotely taking over practitioners’ computers.
2014 Individual Income Tax Returns Complete Report (Publication 1304) Now Available
IR-2016-118, Aug. 31, 2016 — The IRS today announced the availability of Statistics of Income–2014 Individual Income Tax Returns Complete Report (Publication 1304).
IRS Urges Taxpayers to Check Their Withholding; New Factors Increase Importance of Mid-Year Check Up
IR-2016-117, Aug. 31, 2016 — The IRS today encouraged taxpayers to consider a mid-year tax withholding checkup following several new factors that could affect their refunds in 2017.
New Security Summit Video Warns Tax Pros of Cybercriminal Threats; Urges Precautionary Steps
IR-2016-116, Aug. 30, 2016 — As part of the ongoing Security Summit efforts, the IRS today released a new YouTube video urging tax professionals to take the necessary steps toward guarding their data and protecting clients from identity theft.
Retirement Plans Can Make Loans, Hardship Distributions to Louisiana Flood Victims
IR-2016-115, Aug. 30, 2016 —The IRS today announced that 401(k)s and similar employer-sponsored retirement plans can make loans and hardship distributions to Louisiana flood victims and members of their families.
IRS Seeks Applications for the Advisory Committee on Tax Exempt and Government Entities
IR-2016-114, Aug. 25, 2016 — The IRS is seeking applications for vacancies on the Advisory Committee on Tax Exempt and Government Entities, which. provides a venue for public input on relevant areas of tax administration.
New Procedure Helps People Making IRA and Retirement Plan Rollovers
IR-2016-113, Aug. 24, 2016 — The IRS today provided a self-certification procedure to help recipients of retirement plan distributions who inadvertently miss the 60-day time limit for properly rolling these amounts into another retirement plan or individual retirement arrangement (IRA).
National Taxpayer Advocate Releases IRS Responses to NTA Recommendations; Posts Papers from Inaugural Conference on International Taxpayer Rights
IR-2016-112, Aug. 24, 2016 — National Taxpayer Advocate Nina E. Olson today released Volume 2 of her statutorily mandated mid-year report to Congress, which contains the IRS’s responses to each of the 116 administrative recommendations the Advocate made in her 2015 Annual Report to Congress.
IRS Launches New Sharing Economy Resource Center on IRS.gov, Provides Tips for Emerging Business Area
IR-2016-110, Aug. 22, 2016 — The IRS this week launched a new web page designed to help taxpayers involved in the sharing economy quickly locate the resources they need to help them meet their tax obligations.
IRS Seeks Additional Applications for the Electronic Tax Administration Advisory Committee
IR-2016-109, Aug. 19, 2016 — The IRS is seeking applications from consumer advocates and others for consideration to join as members of the Electronic Tax Administration Advisory Committee.
IRS Proposes Revised Fees for Installment Agreements; New Lower Fee Available for Direct Debit Online Payment Agreements; Special Relief Provided to Low-Income Taxpayers
IR-2016-108, Aug. 19, 2016 — The IRS is proposing a revised schedule of user fees that would take effect on Jan. 1, 2017, and apply to any taxpayer who enters into an installment agreement.
IRS Warns of Back-to-School Scams; Encourages Students, Parents, Schools to Stay Alert
IR-2016-107, Aug. 18, 2016 — The IRS today warned taxpayers against telephone scammers targeting students and parents during the back-to-school season and demanding payments for non-existent taxes, such as the “Federal Student Tax.”
IRS Provides Tax Relief to Louisiana Storm Victims; Various Tax Deadlines Extended to Jan. 17
IR-2016-105, Aug. 15, 2016 –– Louisiana storm victims will have until Jan. 17, 2017, to file certain individual and business tax returns and make certain tax payments, the IRS announced today. All workers assisting the relief activities who are affiliated with a recognized government or philanthropic organization also qualify for relief.
New Phishing Scheme Mimics Software Providers; Targets Tax Professionals
IR-2016-103, Aug. 11, 2016 — The IRS today alerted tax professionals to an emerging phishing email scam that pretends to be from tax software providers and tries to trick recipients into clicking on a bogus link.
IRS Works to Help Taxpayers Affected by ITIN Changes; Renewals Begin in October
IR-2016-100, Aug. 4, 2016 — The IRS announced important changes today to help taxpayers comply with revisions to the Individual Taxpayer Identification Number (ITIN) program made under a new law. The changes require some taxpayers to renew their ITINs beginning in October.
IRS Statement on "Get an IP PIN" Tool
July 19, 2016 — The IRS today announced that the “Get an IP PIN” tool has returned to IRS.gov with a stronger authentication process to help protect taxpayers.
Security Summit Reviews 2016 Accomplishments, Announces 2017 Initiatives
IR-2016-94, June 28, 2016 — Leaders from the IRS and state tax agencies along with executives from the private-sector tax industry marked the first year of their ground-breaking Security Summit partnership to combat identity theft tax fraud by recapping 2016 accomplishments and turning toward 2017 efforts.
Empowerment Zone Designations Continue Through the End of 2016
IR-2016-91, June 21, 2016 — The IRS today announced that all empowerment zone designations remain in effect through the end of 2016.
IRS Provides Guidelines on How to Claim New Wrongful-Incarceration Exclusion; Use Special Address for All Back-Year Refund Claims; Dec. 19 Deadline for Older Claims
IR-2016-88, June 16, 2016 — The Internal Revenue Service today released guidelines on how wrongfully-incarcerated taxpayers can take advantage of the new retroactive exclusion from income for any civil damages, restitution or other monetary award received in connection with their incarceration.
New IRS Special Procedure to Allow Property Owners to Request Return of Property, Funds in Specific Structuring Cases
June 16, 2016 — The IRS has established a special procedure for people whose assets were involved in structuring to request a return of their forfeited property or funds.
IRS Launches More Rigorous e-Authentication Process and Get Transcript Online
IR-2016-85, June 7, 2016 — The IRS today launched a more rigorous e-authentication process for taxpayers that will significantly increase protection against identity thieves impersonating taxpayers to access tax return information through the IRS Get Transcript online service.
IRS Statement on Interim Process for Making Advance Monthly Payments of the HCTC for 2016
The IRS expects to be able to make advance monthly payments of the Health Coverage Tax Credit to some individuals beginning in mid-summer 2016 using a limited interim process.
IRS User Fee Program
May 4, 2016 — Federal law and policy requires agencies, including the IRS, to charge a user fee to recover the cost of providing certain services to the public that confer a special benefit to the recipient.
IRS’s Top 10 Identity Theft Prosecutions: Criminal Investigation Continues Efforts to Halt Refund Fraud
IR-2016-45, March 21, 2016 — As part of the continued crackdown on refund fraud and identity theft, the IRS today released the Top 10 Identity Theft Prosecutions for Fiscal Year 2015.
IRS Statement On “Get Transcript”
Feb. 26, 2016 — Following an incident involving the IRS’s “Get Transcript” application discovered last May, the Treasury Inspector General for Tax Administration conducted a nine-month long investigation looking back to the launch of the application in January 2014 for additional suspicious activity.
Budget in Brief FY 2017
This summarizes how the budget request will enable the agency to meet its strategic goals: improve customer service and enhance enforcement of the tax laws.
Update: IRS Systems are Operating
Feb. 4, 2016 — The IRS announced it resumed processing individual and business tax returns at approximately 5 p.m. Thursday following resolution of its system outage.
New Early Interaction Initiative Will Help Employers Stay Current with Their Payroll Taxes
IR-2015-136, Dec. 8, 2015 — The IRS has launched the Early Interaction Initiative, which is designed to more quickly identify employers who are falling behind on their payroll or employment taxes and then help them get caught up on their payment and reporting responsibilities.
Offshore Compliance Programs Generate $8 Billion; IRS Urges People to Take Advantage of Voluntary Disclosure Programs
IR-2015-116, Oct. 16, 2015 — The IRS today reminded U.S. taxpayers with undisclosed offshore accounts that they should strongly consider existing paths established to come into full compliance with their federal tax obligations. More than 54,000 taxpayers have participated in offshore disclosure programs since 2009.
IRS Statement on the Senate Finance Committee Report
Aug. 5, 2015 — The IRS has issued a statement on the Senate Finance Committee report.
IRS’s Top Ten Identity Theft Prosecutions; Part of Ongoing Efforts to Protect Taxpayers, Prevent Refund Fraud
IR-2015-37, March 3, 2015 — Continuing its enforcement push against refund fraud and identity theft, the IRS today announced the top ten identity theft prosecutions for Fiscal Year 2014.
Tax Relief for Victims of Terrorist Attacks
The Victims of Terrorism Tax Relief Act of 2001 provides tax relief for victims and survivors of terrorist attacks. To benefit, taxpayers must use the following guidelines and time frames set by law.
IRS Virtual Currency Guidance : Virtual Currency Is Treated as Property for U.S. Federal Tax Purposes; General Rules for Property Transactions Apply
IR-2014-36, March. 25, 2014 — Virtual currency is treated as property for U.S. Federal tax purposes; general rules for property transactions apply.
Compliance & Enforcement News
A collection of recent news releases, statements and other items related to IRS compliance and enforcement efforts.
Report Outlines Changes for IRS To Ensure Accountability, Chart a Path Forward; Immediate Actions, Next Steps Outlined
IR-2013-62, June 24, 2013 ― IRS Principal Deputy Commissioner Werfel issued a report outlining new actions and next steps to fix problems uncovered with the IRS’ review of tax-exempt applications and improve the wider processes and operations in place at the IRS.
IRS Charts a Path Forward with Immediate Actions
The IRS is outlining new actions and next steps to fix problems uncovered with the IRS’ review of tax-exempt applications and improve the wider processes and operations in place at the IRS.
Questions and Answers on 501(c) Organizations
May 15, 2013 — The IRS has received a variety of questions related to the exempt organization issues recently raised. The Q&As answer some basics on the issue.
FAQs on New Payment Card Reporting Requirements
The IRS is providing special transitional relief to banks and other payment settlement entities required to begin reporting payment card and third-party network transactions on new Form 1099-K.
The American Recovery and Reinvestment Act of 2009: Information Center
Update on the new economic stimulus legislation.
Treasury and IRS Announce That All Legal Same-Sex Marriages Will Be Recognized For Federal Tax Purposes; Ruling Provides Certainty, Benefits and Protections Under Federal Tax Law for Same-Sex Married Couples
IR-2013-72, Aug. 29, 2013 — Treasury and the IRS today ruled that same-sex couples, legally married in jurisdictions that recognize their marriages, will be treated as married for federal tax purposes.
Fiscal Year 2015 Enforcement and Service Results
The Fiscal Year 2015 Enforcement and Service Results provide the dollars collected from the examination (audit) and collection functions of the IRS. The results also tally the results of various taxpayer assistance programs.