IR-2021-204, October 18, 2021 WASHINGTON — The Internal Revenue Service today announced that beginning October 18, the IRS’s large business division will accept all taxpayer requests to meet with IRS employees using secure videoconferencing. This step extends the practice used during the pandemic to accommodate taxpayers who sought more than
IR-2021-203, October 15, 2021 WASHINGTON — The IRS has set forth the information that taxpayers will be required to include for a research credit claim for refund to be considered valid. Existing Treasury Regulations require that for a refund claim to be valid, it must set forth sufficient facts to
IR-2021-202, October 15, 2021 WASHINGTON — Today, the Internal Revenue Service is updating its process for certain frequently asked questions (FAQs) on newly enacted tax legislation. The IRS is updating this process to address concerns regarding transparency and the potential impact on taxpayers when these FAQs are updated or revised.
IR-2021-200, October 12, 2021 WASHINGTON — The Internal Revenue Service recently awarded over $41 million in Tax Counseling for the Elderly (TCE) and Volunteer Income Tax Assistance (VITA) grants to organizations that provide free federal tax return preparation. This year, the IRS awarded grants to 34 TCE and 300 VITA applicants. The
IR-2021-199, Oct. 8, 2021 WASHINGTON — The Internal Revenue Service reminds taxpayers today that the last quarter of 2021 is a good time to check withholding. Life brings constant changes to individual financial situations. Events like marriage, divorce, a new child or home purchase can all be reasons to adjust
IR-2021-198, October 5, 2021 WASHINGTON — The Internal Revenue Service announced today that Free File remains available through Oct. 15 for those taxpayers who still need to file their 2020 tax returns. Free File is the IRS’ public-private partnership with tax preparation software industry leaders to provide their brand-name products
Tax pros: 2021 self-study seminars now available for continuing education credit IR-2021-197, October 4, 2021 WASHINGTON — The Internal Revenue Service today announced that 18 new self-study seminars are available through the IRS Nationwide Tax Forums Online. Tax professionals – CPAs, enrolled agents, Annual Filing Season Program participants and others –
IR-2021-196, October 1, 2021 WASHINGTON — The Internal Revenue Service reminds U.S. citizens, resident aliens and any domestic legal entity that the extension deadline to file their annual Report of Foreign Bank and Financial Accounts (FBAR) is Oct. 15, 2021. Filers missing the April 15 annual due date earlier this year received
IR-2021-195, September 28, 2021 WASHINGTON — The Internal Revenue Service has selected seven new members for the Electronic Tax Administration Advisory Committee (ETAAC). Established by statute in 1998, the ETAAC is a public forum for the discussion of issues in electronic tax administration. The committee’s primary goal is to promote paperless
IR-2021-194, September 27, 2021 WASHINGTON — The Internal Revenue Service announced today that starting Oct. 28, a new $67 user fee will apply to any estate that requests a closing letter for its federal estate tax return. The new user fee was authorized under final regulations, TD 9957, available today in the Federal
