Credits for new clean vehicles purchased in 2023 or after
If you place in service a new plug-in electric vehicle (EV) or fuel cell vehicle (FCV) in 2023 or after, you may qualify for a clean vehicle tax credit. For more information on how to qualify see Publication 5866, New Clean Vehicle Tax Credit…
Retirement plan distributions: IRS provides guidance on certain exceptions
WASHINGTON – The Internal Revenue Service today issued Notice 2024-55PDF, which provides guidance on exceptions to the additional tax when taking early permissible retirement plan distributions for emergency personal expenses and for victims…
IRS announces extension of Free File program through 2029
WASHINGTON — The Internal Revenue Service announced today an extension of the current Free File program through 2029 following an agreement that will continue to make the free private-sector tax software available to taxpayers.
The five-year…
Missed the April tax-filing deadline? File quickly to avoid penalties and interest
WASHINGTON — The Internal Revenue Service today encouraged taxpayers who missed the April tax-filing deadline to file a tax return as soon as they can.
The IRS offers different resources to help those who may be unable to pay their tax…
IRS: Take care when choosing a tax return professional
WASHINGTON — The Internal Revenue Service today reminded taxpayers that carefully choosing a tax professional to prepare a tax return is vital to ensuring that their personal and financial information is safe and secure and treated with care.
Most…
Tax season: Get ready now to file 2023 federal income tax returns in early 2024
WASHINGTON — With the nation's tax season rapidly approaching, the Internal Revenue Service reminds taxpayers there are important steps they can take now to help "get ready" to file their 2023 federal tax return.
This is the first in a…
Don’t wait to file: IRS encourages taxpayers with filing extensions
WASHINGTON — The Internal Revenue Service is encouraging taxpayers who have yet to file their 2021 tax return – including those who requested an extension of time – to file a complete and accurate return electronically as early as possible…
Tax Time Guide: Use the Where’s My Refund?
WASHINGTON — The Internal Revenue Service reminds taxpayers today that the fastest and easiest way to check on tax refunds is by using the Where's My Refund? tool on IRS.gov or through the IRS2Go mobile app.
This year, more than ever…
Expanded tax benefits help individuals and businesses give to charity during 2021
WASHINGTON — The Internal Revenue Service today explained how expanded tax benefits can help both individuals and businesses give to charity before the end of this year.
The Taxpayer Certainty and Disaster Tax Relief Act of 2020, enacted…