Federal Tax News

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National Small Business Week 2024 begins; IRS offers tax resources, information to nation's entrepreneurs

IR-2024-123, April 26, 2024 — The IRS today offered helpful information to entrepreneurs in anticipation of the upcoming kick-off of National Small Business Week, celebrating and recognizing the crucial contributions America's small businesses make to the nation's economy.

Direct File pilot officially closes after more than 140,000 taxpayers successfully use direct e-filing system in 12 states, including integration with 4 state tax systems

IR-2024-122, April 26, 2024 — The Internal Revenue Service announced the closure of the Direct File pilot with several hundred thousand taxpayers across 12 states signing up for Direct File accounts, and 140,803 taxpayers filing their federal tax returns using the new service.

Inflation Reduction Act implementation teams focus on enhanced taxpayer service with modern online tools and historic office hour sessions, bolstering clean energy initiatives

IR-2024-121, April 25, 2024 — With the funding from the Inflation Reduction Act (IRA), the Internal Revenue Service continues to help taxpayers in unique ways to take advantage of clean energy credits.

IRS releases final guidance on transfers of certain credits under the Inflation Reduction Act

IR-2024-120, April 25, 2024 — The Department of Treasury and Internal Revenue Service issued final regulations today describing rules and definitions for the transfer of eligible credits in a taxable year, including specific rules for partnerships and S corporations.

IRS Independent Office of Appeals forms Alternative Dispute Resolution Program Management Office

IR-2024-119, April 24, 2024 — The Internal Revenue Service Independent Office of Appeals today announced the formation of a new Alternative Dispute Resolution Program Management Office.

2025 Low Income Taxpayer Clinic grant application period now open

IR-2024-118, April 23, 2024 — The Internal Revenue Service today announced it will accept applications for Low Income Taxpayer Clinic matching grants from all qualified organizations.

Tax pros: Register now for the 2024 IRS Nationwide Tax Forum

IR-2024-117, April 22, 2024 — The IRS encourages tax professionals to register now for the 2024 IRS Nationwide Tax Forum, coming this summer to Chicago, Orlando, Baltimore, Dallas and San Diego.

Missed the April tax-filing deadline? File quickly to avoid penalties and interest; those owed a refund also shouldn’t forget to file

IR-2024-116, April 19, 2024 — The Internal Revenue Service today encouraged taxpayers who missed the April tax-filing deadline to file a tax return as soon as they can.

IRS releases 2023 Data Book describing agency’s transformation through statistics

IR-2024-115, April 18, 2024 — The Internal Revenue Service today issued its annual Data Book detailing the agency’s activities during fiscal year 2023 (Oct. 1, 2022 – Sept. 30, 2023), including revenue collected and tax returns processed.

IRS seeks membership nominations for the 2025 Internal Revenue Service Advisory Council; establishes new Subcommittee on Fairness in Tax Administration

IR-2024-114, April 18, 2024 — The Internal Revenue Service is accepting applications for the 2025 Internal Revenue Service Advisory Council through May 31, 2024, including nominees for a new subcommittee focused on fairness issues.

IRS updates frequently asked questions for the energy efficient home improvement and residential clean energy property credits

IR-2024-113, April 17, 2024 — The Internal Revenue Service today updated frequently asked questions in Fact Sheet 2024-15 to address the federal income tax treatment of amounts paid for the purchase of energy efficient property and improvements.

Be ready for next year: IRS Tax Withholding Estimator helps ensure withholdings are correct for 2024

IR-2024-112, April 17, 2024 — The IRS encourages taxpayers to use the IRS Tax Withholding Estimator to ensure they’re withholding the correct amount of tax from their pay in 2024.

IRS revised frequently asked questions for the New, Previously Owned and Qualified Commercial Clean Vehicle Credits

IR-2024-111, April 16, 2024 — The Internal Revenue Service today updated frequently asked questions in Fact Sheet 2024-14 to provide guidance related to the New, Previously Owned and Qualified Commercial Clean Vehicle Credits.

Treasury, IRS issue frequently asked questions related to the tax treatment of work-life referral services provided to employees

IR-2024-110, April 16, 2024 — The Internal Revenue Service today issued frequently asked questions (FAQs) in Fact Sheet 2024-13 related to the tax treatment of work-life referral services provided to employees under an employer’s work-life referral program.

IRS delivers strong 2024 tax filing season; expands services for millions of people on phones, in-person and online with expanded funding

IR-2024-109, April 15, 2024 — With the April tax filing deadline here, the Internal Revenue Service highlighted a variety of improvements that dramatically expanded service for millions of taxpayers during the 2024 filing season.

IRS.gov offers last-minute filing tips, resources to help taxpayers who still need to file before April 15; special Saturday hours in 70 locations

IR-2024-108, April 12, 2024 — With the April tax deadline arriving next week, the Internal Revenue Service today reminded millions of last-minute tax filers that the agency has a variety of free tools and resources available on IRS.gov.

Treasury, IRS issue corrected census tracts for the Qualified Alternative Fuel Vehicle Refueling Property Credit

IR-2024-107, April 12, 2024 — The Department of Treasury and Internal Revenue Service today corrected Appendix A and Appendix B of Notice 2024-20 to add additional eligible census tracts for the qualified alternative fuel vehicle refueling property credit.

Need more time to file a federal tax return? It’s easy with IRS Free File

IR-2024-106, April 11, 2024 — With the April 15 tax filing deadline fast approaching, the Internal Revenue Service reminds taxpayers who need more time to file their return that receiving an extension is quick and easy through IRS Free File on IRS.gov.

Dirty Dozen: Bogus tax avoidance strategies, schemes with an international element wrap up annual taxpayer awareness campaign

IR-2024-105, April 11, 2024 — The Internal Revenue Service wraps up the 2024 Dirty Dozen campaign with a warning to taxpayers regarding promoters selling bogus tax strategies and fraudulent offshore schemes designed to reduce or avoid taxes altogether.

Dirty Dozen: High-income filers vulnerable to illegal tax schemes; face risk from improper art donation deductions, charitable remainder annuity trusts, monetized installment sales

IR-2024-104, April 10, 2024 — As part of the Dirty Dozen campaign, the Internal Revenue Service warned wealthy individuals about three tax traps designed for them by dishonest promoters and shady tax practitioners.

IRS Free File can help those with no filing requirement get overlooked tax credits, refunds; extension requests also available

IR-2024-103, April 10, 2024 — The Internal Revenue Service today encouraged low- to moderate-income individuals and families, especially those who don’t normally file a tax return, to use IRS Free File to prepare their federal tax return and get potentially overlooked refunds and tax credits.

Treasury, IRS issue guidance on the credit for the production of clean hydrogen and the election to treat clean hydrogen production facilities as energy property

IR-2024-102, April 10, 2024 — The Treasury Department and Internal Revenue Service today issued guidance for the collection of information for taxpayers to request an emissions value from the Department of Energy (DOE) to petition the Secretary of the Treasury for a determination of a provisional emissions rate (PER).

Treasury and IRS announce new regulations on corporate stock repurchase excise tax

IR-2024-101, April 9, 2024 — The Department of the Treasury and the Internal Revenue Service today issued proposed regulations that would provide taxpayers and tax professionals with new guidance concerning the one percent excise tax owed on corporate stock repurchases.

Dirty Dozen: IRS warns tax pros, businesses to be cautious of ongoing spearphishing attacks to gain sensitive information; warns of surge in "new client" scams

IR-2024-100, April 9, 2024 — As part of the Dirty Dozen tax scams effort, the Internal Revenue Service today urged tax professionals and other businesses to remain vigilant and protect themselves against a continuing barrage of email spearfishing attempts designed to steal valuable information.

Special Saturday help available April 13 at 70 IRS Taxpayer Assistance Centers nationwide; no appointment needed

IR-2024-99, April 8, 2024 — As the April 15 federal tax filing deadline nears, the Internal Revenue Service today announced it will open 70 Taxpayer Assistance Centers (TACs) around the country on Saturday, April 13, for face-to-face help. This special help is available from 9 a.m. to 4 p.m. local time.

Dirty Dozen: Taking tax advice on social media can be bad news for taxpayers; inaccurate or misleading tax information circulating

IR-2024-98, April 8, 2024 — On day eight of the Dirty Dozen tax scam series, the Internal Revenue Service today warned about bad tax information on social media that can lure honest taxpayers with bad advice, potentially leading to identity theft and tax problems.

Treasury, IRS issue guidance on the tax treatment of amounts paid as rebates for energy efficient property and improvements

IR-2024-97, April 5, 2024 — The Department of Treasury and the IRS today issued Announcement 2024-19 that addresses the federal income tax treatment of amounts paid for the purchase of energy efficient property and improvements.

Dirty Dozen: IRS urges taxpayers to not fall prey to untrustworthy tax preparers; "ghost preparers" can disappear with taxpayer cash, information

IR-2024-96, April 5, 2024 — In day seven of the Dirty Dozen tax scam series, the IRS and Security Summit partners today alerted taxpayers to be on the lookout for unscrupulous tax preparers who could encourage people to file false tax returns and steal valuable personal information.

IRS reminder: 2024 first quarter estimated tax payment deadline is April 15

IR-2024-95, April 5, 2024 — The Internal Revenue Service today advised taxpayers, including self-employed individuals, retirees, investors, businesses and corporations about the April 15 deadline for first quarter estimated tax payments for tax year 2024.

IRS announces tax relief for taxpayers impacted by severe storms, flooding in Rhode Island, various deadlines postponed to July 15

IR-2024-94, April 4, 2024 — The Internal Revenue Service announced today tax relief for individuals and businesses in parts of Rhode Island that were affected by severe storms and flooding that began on Dec. 17, 2023, and Jan. 9, 2024

IRS: Maine taxpayers impacted by severe storms, flooding qualify for tax relief; various deadlines postponed to July 15

IR-2024-93, April 4, 2024 — The Internal Revenue Service announced today tax relief for individuals and businesses in parts of Maine affected by severe storms and flooding that began on Jan. 9, 2024.

Dirty Dozen: IRS warns about fake charities exploiting taxpayer generosity

IR-2024-92, April 4, 2024 — In the sixth part of the Dirty Dozen tax scams for 2024, the Internal Revenue Service warned taxpayers about groups masquerading as charitable organizations to attract donations from unsuspecting contributors.

Dirty Dozen: Beware of offer in compromise "mills" that falsely claim their services are necessary to resolve IRS debt

IR-2024-91, April 3, 2024 — As part of the annual Dirty Dozen list of tax scams, the Internal Revenue Service today renewed its warning to taxpayers concerning pricey offer in compromise (OIC) "mills” that aggressively mislead taxpayers into thinking their tax debts can disappear.

IRS reminder to taxpayers affected by terrorist attacks in Israel: 2023 returns and payments are now due Oct. 7; other relief available

IR-2024-90, April 3, 2024 — The Internal Revenue Service today reminded individuals and businesses affected by the terrorist attacks in the State of Israel that they have until Oct. 7, 2024, to file various federal returns, make tax payments and perform other time-sensitive tax-related actions.

Dirty Dozen: IRS warns about false Fuel Tax Credit claims; taxpayers should be wary of scammers, heightened review

IR-2024-89, April 2, 2024 — The Internal Revenue Service today warned taxpayers to watch out for promoters who push improper Fuel Tax Credits claims in the fourth day of the 2024 Dirty Dozen list of tax scams.

Get ahead of the tax deadline; act now to file, pay or request an extension

IR-2024-88, April 2, 2024 — With the April 15 tax deadline approaching, the IRS reminds taxpayers there is still time file their federal income tax return electronically and request direct deposit.

Dirty Dozen: IRS warns taxpayers to stay away from "helpful" scammers offering to set up an Online Account

IR-2024-87, April 1, 2024 — The IRS today continues its Dirty Dozen scam series warning taxpayers to watch out for scammers attempting to sell or offer help setting up an Online Account on IRS.gov.

News release and fact sheet archive

Find previous year news releases and fact sheets from 1997 through last month.