Fact Sheets

FS-2019-9, April 2019 - The multi-year IRS Modernization Plan includes dozens of initiatives to improve how the agency interacts with taxpayers and the tax community while continuing to strengthen cybersecurity protections and information technology systems.

FS-2019-8, April 2019 - Many individuals, including owners of businesses operated through sole proprietorships, partnerships, S corporations, trusts and estates may be eligible for a qualified business income deduction, also called the section 199A deduction.

FS-2019-7, April 2019 - In a global economy, many people in the United States have foreign financial accounts.

FS-2019-6, April 2019 - The U.S. tax system operates on a pay-as-you-go basis. This means that taxpayers need to pay most of their tax during the year, as the income is earned or received.

FS 2019-5, April 2019 ― The IRS reminds taxpayers about the importance of timely filing and paying their taxes, and that there are several options available to help people having trouble paying.

FS-2019-4, March 2019 - The federal income tax is a pay-as-you-go tax. Taxpayers pay the tax as they earn or receive income during the year.

FS-2019-3, March 2019 ― The Tax Cuts and Jobs Act (TCJA) included a few dozen tax law changes that affect businesses.

FS-2019-2, February 2019 - The Tax Cuts and Jobs Act (TCJA), enacted in late 2017, produced the most sweeping tax law change in more than 30 years.

FS-2019-1, February 2019 ― Federal law requires a person to report cash transactions of more than $10,000 by filing IRS Form 8300, Report of Cash Payments Over $10,000 Received in a Trade or Business.

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