IR-2019-206, December 13, 2019 WASHINGTON – The Internal Revenue Service said today that the Taxpayer First Act, enacted July 1, requires tax exempt organizations to electronically file information returns and […]
IRS and TTB formalize process to support processing of claims made to the IRS Whistleblower Office
IR-2019-204, December 11, 2019 WASHINGTON — The Internal Revenue Service today announced a process has been formalized with the Alcohol and Tobacco Tax and Trade Bureau (TTB) that puts in […]
IRS selects longtime tax professional, Sharyn Fisk, to lead the Office of Professional Responsibility
IR-2019-202, December 9, 2019 WASHINGTON — The Internal Revenue Service today announced the selection of Sharyn M. Fisk to lead the agency’s Office of Professional Responsibility (OPR). Fisk has most […]
National Tax Security Awareness Week, Day 3: Creating strong passwords can protect taxpayers from identity theft
IR-2019-196, December 4, 2019 WASHINGTON — With millions of people logging in to websites and online accounts this holiday season, the IRS and the Security Summit partners remind taxpayers that […]
National Tax Security Awareness Week begins; IRS and Security Summit partner offer Cyber Monday shopping tips to protect computers, mobile phones
IR-2019-192, December 2, 2019 WASHINGTON — The Internal Revenue Service and the Security Summit partners opened this year’s National Tax Security Awareness Week with a warning for holiday shoppers on […]
Final regulations confirm: Making large gifts now won’t harm estates after 2025
IR-2019-189, November 22, 2019 WASHINGTON — The Treasury Department and the Internal Revenue Service today issued final regulations confirming that individuals taking advantage of the increased gift and estate tax […]
IRS reminds tax professionals of tasks to get ready for 2020
IR-2019-186, November 19, 2019 WASHINGTON — 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. […]
Security Summit marks 4th National Tax Security Awareness Week
IRS announces new dates, social media effort and partner toolkit to highlight identity theft precautions IR-2019-185, November 18, 2019 WASHINGTON —The Internal Revenue Service, state tax agencies and the nation’s […]
IRS updates guidance for deductible business, charitable, medical and moving expenses
IR-2019-183, November 14, 2019 WASHINGTON — The Internal Revenue Service today issued guidance for taxpayers with certain deductible expenses to reflect changes resulting from the Tax Cuts and Jobs Act […]
401(k) contribution limit increases to $19,500 for 2020; catch-up limit rises to $6,500
IR-2019-179, November 6, 2019 WASHINGTON — The Internal Revenue Service today announced that employees in 401(k) plans will be able to contribute up to $19,500 next year. The IRS announced […]