IR-2018-206, October 19, 2018 WASHINGTON —The Treasury Department and the Internal Revenue Service today issued proposed regulations and other published guidance for the new Opportunity Zone tax incentive. Opportunity Zones, […]
Reduced 24-percent withholding rate applies to small businesses and other payers; Revised backup withholding publication features helpful FAQs
IR-2018-205, October 18, 2018 Washington — The Internal Revenue Service today urged small businesses and other payers to check out the agency’s newly-revised backup withholding publication, now available on IRS.gov. […]
IRS announces waiver of dyed fuel penalty in Florida
IR-2018-200, Oct, 15, 2018 WASHINGTON — The Internal Revenue Service (IRS), in response to shortages of undyed diesel fuel caused by Hurricane Michael, will not impose a penalty when dyed […]
IRS to highlight tax reform changes affecting small businesses; Small business owners, self-employed should plan now for new changes
IR-2018-197, Oct. 9, 2018 WASHINGTON — With just a few months left in tax year 2018, the Internal Revenue Service today urges small business owners to learn about how the […]
Extension filers can still get tax help before Oct. 15 deadline
IR-2018-198, October 10, 2018 WASHINGTON — The Internal Revenue Service reminds taxpayers who filed extensions that electronic filing and other options for help with taxes are still available before the […]
IRS alerts taxpayers: Scammers scheming around Oct. 15 deadline; Here’s what to do
IR-2018-193, Sept. 27, 2018 WASHINGTON — The Internal Revenue Service is reminding taxpayers to beware of criminals who continue using devious tactics to steal money and personal information from unsuspecting […]
Tax reform changes affecting small business and self-employed taxpayers; third quarter estimated tax payment deadline is Sept. 17
IR-2018-182, Sept 10, 2018 WASHINGTON – With the last third of the year now in full view, the IRS today reminded small business and self-employed taxpayers of the importance of […]
IRS: 2018 employer reimbursements for employees’ 2017 moves are generally tax-free
IR-2018-190, Sept. 21, 2018 WASHINGTON — Employer payments or reimbursements in 2018 for employees’ moving expenses incurred prior to 2018 are excluded from the employee’s wages for income and employment […]
New employer tax credit for paid family and medical leave available for 2018 and 2019
IR-2018-191, Sept. 24, 2018 WASHINGTON — Today the IRS announced that eligible employers who provide paid family and medical leave to their employees may qualify for a new business credit […]
Republicans muscle tax cut bill through House
By DAVID ESPO | AP WASHINGTON (AP) — The Republican-controlled House has passed legislation sought by President Barack Obama to extend Social Security payroll tax cuts through 2012. But the […]