November 22, 2024

IRS, Security Summit partners announce 9th annual National Tax Security Awareness Week starting Dec. 2

The Internal Revenue Service, working with the Security Summit partners, today announced a special awareness week focusing on taxpayers and tax professionals to protect sensitive financial […]
November 18, 2024

Many businesses must report beneficial ownership information to Treasury by Jan. 1; free webinar can help

The Internal Revenue Service will sponsor a free one-hour webinar designed to help the many businesses that must report their beneficial ownership information to the Treasury […]
November 14, 2024

The IRS is here to help military members and veterans with their unique tax needs

Members of the U.S. Armed Forces, veterans and their families may qualify for special tax benefits. Whether they have a simple or complex tax situation, the […]
November 12, 2024

IRS: Healthcare FSA reminder: Employees can contribute up to $3,300 in 2025; must elect every year

The Internal Revenue Service reminds taxpayers that during open enrollment season for flexible spending arrangements (FSAs) they may be eligible to use tax-free dollars to pay […]
November 8, 2024

Taxpayers should be cautious of scammers targeting disaster donations

Scammers commonly set up fake charities to take advantage of people’s generosity during natural disasters and other tragic events. Taxpayers should use the Tax Exempt Organization […]
November 4, 2024

401(k) limit increases to $23,500 for 2025, IRA limit remains $7,000

The Internal Revenue Service announced today that the amount individuals can contribute to their 401(k) plans in 2025 has increased to $23,500, up from $23,000 for […]
October 31, 2024

Tax benefits for businesses that accommodate people with disabilities

Businesses that make structural adaptations or other accommodations for employees or customers with disabilities may be eligible to save money on their taxes. Read the full […]
October 29, 2024

National Cybersecurity Awareness Month reminder: IRS and Security Summit supply online safety tips

As National Cybersecurity Awareness Month concludes and preparation for next tax season begins, the Internal Revenue Service and its Security Summit partners today reminded taxpayers to […]
October 25, 2024

IRS reminder to disaster area taxpayers with extensions: Parts of 8 states need to file 2023 returns by Nov. 1; others have until Feb. 3 or May 1

Now that the Oct. 15 extension deadline has come and gone, the Internal Revenue Service today reminded disaster-area taxpayers who received extensions to file their 2023 […]