IRS issues guidance on the tax on the net investment income of certain private colleges and universities IR-2019-120, June 28, 2019 — The Internal Revenue Service today issued proposed regulations for the new 1.4 percent excise tax on the net investment income of certain private colleges and universities. National Taxpayer Advocate Nina Olson delivers her final report to Congress; identifies priority challenges facing the IRS and TAS IR-2019-119, June 20, 2019 — National Taxpayer Advocate Nina E. Olson today released her 37th and final report to Congress in advance of her previously announced retirement on July 31. Millions more ITINs set to expire in 2019; IRS says renew early to prevent refund delays IR-2019-118, June 19, 2019 — Nearly 2 million Individual Taxpayer Identification Numbers (ITINs) are set to expire at the end of 2019 as the Internal Revenue Service continues to urge affected taxpayers to submit their renewal applications early to avoid refund delays next year. Electronic Tax Administration Advisory Committee issues 2019 Annual Report; Recommendations target identity theft, refund fraud IR-2019-117, June 19, 2019 — The Electronic Tax Administration Advisory Committee (ETAAC) today released its annual report to Congress, featuring recommendations focused on the prevention of identity theft and refund fraud. Washington, D.C. area IRS Nationwide Tax Forum coming July 9 to 11; Register early to save and hear latest on tax reform, cybersecurity IR-2019-116, June 18, 2019 — The IRS kicks off the 2019 Nationwide Tax Forum season with special sessions outside the nation’s capital focused on tax reform changes and cybersecurity tips for tax professionals. IRS, Treasury issue guidance under Tax Cuts and Jobs Act and the Consolidated Appropriations Act of 2018 for cooperatives and patrons of cooperatives IR-2019-115, June 18, 2019 — The Treasury Department and Internal Revenue Service today issued legal guidance under the 2017 Tax Cuts and Jobs Act (TCJA) and the Consolidated Appropriations Act of 2018 providing information on certain deductions to cooperatives and their patrons. IRS and Treasury issue guidance related to global intangible low-taxed income (GILTI) IR-2019-114, June 14, 2019 — The Treasury Department and the Internal Revenue Service issued final and proposed regulations today concerning global intangible low-taxed income under section 951A, the foreign tax credit, the treatment of domestic partnerships for purposes of determining the subpart F income of a partner, and the treatment of income of a controlled foreign corporation subject to a high rate of foreign tax under section 951A. IRS wants to hear from large corporate taxpayers interested in applying for the Compliance Assurance Process IR-2019-113, June 14, 2019 — The IRS is asking publicly-traded corporate taxpayers interested in applying to the Compliance Assurance Process (CAP) in 2020 to provide a statement of interest. IRS reminder: Taxpayers can help determine the right amount of tax to withhold from their paychecks by doing a Paycheck Checkup now IR-2019-112, June 14, 2019 — The IRS encourages taxpayers to look at their tax withholding now to take charge of their tax situation and avoid a surprise at tax time next year. IRS reminds taxpayers to adjust tax withholding to pay the right tax amount IR-2019-111, June 13, 2019 — With this year’s average tax refund around $2,700, the Internal Revenue Service reminds taxpayers they have options to control the amount of their take-home pay and the size of their tax refund by adjusting their tax withholding. IRS Withholding Calculator can help workers have right amount of tax withheld following tax law changes IR-2019-110, June 12, 2019 — Following the biggest set of tax law changes in more than 30 years, the Internal Revenue Service continues to remind taxpayers to do a Paycheck Checkup to help make sure they are having the right amount of tax withheld. Final regulations on charitable contributions and state and local tax credits IR-2019-109, June 11, 2019 — The U.S. Department of the Treasury and the Internal Revenue Service today issued final regulations that require taxpayers to reduce their charitable contribution deductions by the amount of any state or local tax credits they receive or expect to receive in return. IRS reminder: Get tax withholding right; do a Paycheck Checkup at least once every year IR-2019-108, June 11, 2019 — The Internal Revenue Service today urged taxpayers to review their 2019 tax withholding using the IRS Withholding Calculator and make any changes with their employer as soon as possible. IRS continues campaign to encourage taxpayers to do a Paycheck Checkup; use Withholding Calculator to help get right amount for 2019 IR-2019-107, June 10, 2019 — The Internal Revenue Service today launched a special week-long campaign encouraging taxpayers to do a Paycheck Checkup now to make sure they are having the right amount of tax taken out of their paychecks for 2019. IRS warns of higher penalty for some tax returns filed after June 14 IR-2019-106, June 7, 2019 — The Internal Revenue Service urges taxpayers who owe tax and have not filed their 2018 return to act before Friday, June 14, before a larger penalty kicks in. IRS reminder: June 17 is next deadline for those who pay estimated taxes IR-2019-105, June 6, 2019 – The Internal Revenue Service today reminded taxpayers who pay estimated taxes that Monday, June 17, is the deadline for the second estimated tax payment for 2019. IRS reminder: Tax scams continue year-round IR-2019-104, June 5, 2019 — Although the April filing deadline has passed, scam artists remain hard at work, and the IRS today urged taxpayers to be on the lookout for a spring surge of evolving phishing emails and telephone scams. Interest rates decrease for the third quarter of 2019 IR-2019-103, June 5, 2019 —The IRS today announced that interest rates will decrease for the calendar quarter beginning July 1, 2019. For taxpayers living, working outside the U.S., file a return by June 17 IR-2019-102, June 5, 2019 — The Internal Revenue Service today reminded taxpayers living and working outside of the United States that they must file their 2018 federal income tax return by Monday, June 17. IRS takes additional steps to protect taxpayer data; plans to end faxing and third-party mailings of certain tax transcripts IR-2019-101, June 4, 2019 — As part of its ongoing efforts to protect taxpayers from identity thieves, the IRS today announced it will stop its tax transcript faxing service in June and will amend the Form 4506 series to end third-party mailing of tax returns and transcripts in July. IRS Tax Forum ‘early bird’ registration ends June 15; enroll early, save IR-2019-100, June 3, 2019 — The IRS is reminding tax professionals that reduced cost “early bird” registration for all five 2019 IRS Nationwide Tax Forums ends June 15 at 5 p.m. Eastern time. IRS now billing those who filed for 2018 but didn’t pay; many payment options available IR-2019-99, June 3, 2019 ― The Internal Revenue Service today advised those now receiving tax bills because they filed on time but didn’t pay in full that there are many easy options for paying what they owe. News release and fact sheet archive Find previous year news releases and fact sheets from 1997 through last month.
