National Tax Security Awareness Week, Day 2: Giving Tuesday reminder that scammers can use fake charities to get sensitive information IR-2021-237, November 30, 2021 — The Internal Revenue Service and Security Summit partners today warned taxpayers to be wary of fake charities used by scammers to get money as well as sensitive financial and personal information from victims. Taxpayer alert as holidays, tax season approach: Watch out for scams, protect financial information; National Tax Security Awareness Week, Day 1 highlights important tips IR-2021-236, November 29, 2021 — Kicking off a special week, the Internal Revenue Service and the Security Summit partners today warned taxpayers and tax professionals to beware of a dangerous combination of events that can increase their exposure to tax scams or identity theft. Child Tax Credit payments: IRS online portal now available in Spanish; Nov. 29 is last day for families to opt out or make other changes IR-2021-235, November 23, 2021 — The Internal Revenue Service this week launched a new Spanish-language version of the Child Tax Credit Update Portal (CTC-UP). Interest rates remain the same for the first quarter of 2022 IR-2021-234, November 23, 2021 — The Internal Revenue Service today announced that interest rates will remain the same for the calendar quarter beginning January 1, 2022. Scam risks remain during pandemic; Security Summit focuses special week on taxpayer, tax professional protection against identity theft IR-2021-233, November 19, 2021 — With the 2022 tax season and the holidays rapidly approaching, the Internal Revenue Service, state tax agencies and the nation's tax industry today announced a special week focusing attention on taxpayers protecting sensitive financial information against identity thieves. IRS Criminal Investigation releases annual report highlighting 2,500+ investigations, law enforcement partnerships IR-2021-232, November 18, 2021 — Over 2,500 criminal investigations, the identification of more than $10 billion from tax fraud and financial crimes, and a nearly 90% conviction rate are just a few highlights from the IRS-Criminal Investigation (IRS-CI) Fiscal Year 2021 Annual Report. IRS provides answers to states and local governments on taxability and reporting of payments from Coronavirus State and Local Fiscal Recovery Funds IR-2021-231, November 17, 2021 — IRS provides answers to states and local governments on taxability and reporting of payments from Coronavirus State and Local Fiscal Recovery Funds. IRS: All of Mississippi now qualifies for expanded Hurricane Ida relief; Sept. 15, Oct. 15 deadlines, other dates extended to Jan. 3 IR-2021-230, November 17, 2021 — Victims of Hurricane Ida throughout Mississippi now have additional time -- until Jan. 3, 2022 -- to file various individual and business tax returns and make tax payments, the Internal Revenue Service announced today. IRS offers how-to videos to help taxpayers apply for Offers in Compromise and avoid scams IR-2021-229, November 17, 2021 — The Internal Revenue Service today unveiled a new how-to video series enabling taxpayers to avoid potential scams by considering and applying for an Offer in Compromise (OIC) themselves and avoid paying excessive fees to companies advertising outlandish claims. IRS unveils new online identity verification process for accessing self-help tools IR-2021-228, November 17, 2021 — The IRS today announced the launch of an improved identity verification and sign-in process that enables more people to securely access and use IRS online tools and applications. IRS Advisory Council issues 2021 Annual Report IR-2021-227, November 17, 2021 — The Internal Revenue Service Advisory Council (IRSAC) today issued its annual report for 2021, including recommendations to the IRS on new and continuing issues in tax administration. Tax professionals can now order more transcripts from the IRS IR-2021-226, November 16, 2021 — The Internal Revenue Service today announced that, effective Nov. 15, 2021, tax professionals are able to order up to 30 Transcript Delivery System (TDS) transcripts per client through the Practitioner Priority Service® line. IRS provides guidance on per diem rates and the temporary 100% deduction for food or beverages from restaurants IR-2021-225, November 16, 2021 — The Internal Revenue Service today issued Notice 2021-63 to make clear how the temporary 100% business deduction for food or beverages from restaurants applies to taxpayers properly applying the rules of Revenue Procedure 2019-48 for using per diem rates. More California wildfire relief from IRS: Sept. 15, Oct. 15 deadlines, other dates further extended to Jan. 3 for certain areas IR-2021-224, November 15, 2021 — Wildfire victims in parts of California now have until January 3, 2022, to file various individual and business tax returns and make tax payments, the Internal Revenue Service announced today. IRS announces new online tool to help U.S. withholding agents validate their 1042-S data prior to filing IR-2021-223, November 15, 2021 — The Internal Revenue Service today launched a new online tool designed to help U.S. withholding agents comply with their reporting and withholding responsibilities with respect to IRS Form 1042-S, Foreign Person’s U.S. Source Income Subject to Withholding. IRS: Families will soon receive November advance Child Tax Credit payments; time running out to sign up online to get an advance payment in December IR-2021-222, November 12, 2021 — The Internal Revenue Service and the Treasury Department announced today that millions of American families will soon receive their advance Child Tax Credit (CTC) payment for the month of November. Low-income families who are not getting payments and have not filed a tax return can still get one, but they must sign up on IRS.gov by 11:59 pm Eastern Time on Monday, Nov. 15. IRS updates FAQs for 2020 Unemployment Compensation Exclusion IR-2021-221, November 12, 2021 — The Internal Revenue Service today updated its frequently-asked-questions (FAQs) on 2020 Unemployment Compensation Exclusion. IRS Financial Report available on IRS.gov IR-2021-220, November 10, 2021 — The Internal Revenue Service published its Financial Report on IRS.gov today. This new report provides the American people with a comprehensive view of the IRS’s financial activities as well as the accomplishments of its finance management community. IRS provides tax inflation adjustments for tax year 2022 IR-2021-219, November 10, 2021 — The Internal Revenue Service today announced the tax year 2022 annual inflation adjustments for more than 60 tax provisions, including the tax rate schedules and other tax changes. Revenue Procedure 2021-45 provides details about these annual adjustments. IRS updates 2021 Child Tax Credit and Advance Child Tax Credit Payments Frequently Asked Questions IR-2021-218, November 9, 2021 — The Internal Revenue Service today updated frequently-asked-questions (FAQs) for the 2021 Child Tax Credit and Advance Child Tax Credit Payments to describe how taxpayers can now provide the IRS an estimate of your 2021 income using the Child Tax Credit Update Portal (CTC UP). Get ready for taxes: Easy steps taxpayers can take now to make tax filing easier in 2022 IR-2021-217, November 8, 2021 — The Internal Revenue Service today encouraged taxpayers, including those who received stimulus payments or advance Child Tax Credit payments, to take important steps this fall to help them file their federal tax returns in 2022. IRS announces 401(k) limit increases to $20,500 IR-2021-216, November 4, 2021 — The Internal Revenue Service announced today that the amount individuals can contribute to their 401(k) plans in 2022 has increased to $20,500, up from $19,500 for 2021 and 2020. IRS releases reporting guidance for partnership interests held in connection with the performance of services IR-2021-215, November 3, 2021 — The Internal Revenue Service today posted detailed reporting directions for certain passthrough entities and taxpayers reporting of partnership interests held in connection with the performance of services, often referred to as “carried interests,” in the form of frequently asked questions (FAQs). Year-end giving reminder: Special tax deduction helps most people give up to $600 to charity, even if they don’t itemize IR-2021-214, November 3, 2021 — The Internal Revenue Service today reminded taxpayers that a special tax provision will allow more Americans to easily deduct up to $600 in donations to qualifying charities on their 2021 federal income tax return. More Ida relief from IRS: Sept. 15, Oct. 15 deadlines, other dates extended to Jan. 3 for parts of Connecticut IR-2021-213, November 3, 2021 — Victims of Hurricane Ida in parts of Connecticut now have until January 3, 2022, to file various individual and business tax returns and make tax payments, the Internal Revenue Service announced today. IRS issues another 430,000 refunds for adjustments related to unemployment compensation IR-2021-212, November 1, 2021 — The Internal Revenue Service recently sent approximately 430,000 refunds totaling more than $510 million to taxpayers who paid taxes on unemployment compensation excluded from income for tax year 2020. News release and fact sheet archive Find previous year news releases and fact sheets from 1997 through last month.
