News Releases for Current Month

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

News releases and fact sheets from November 2002 forward and an archive of news releases and fact sheets in PDF format back to 1997.