Found 9 Matching Items; Displaying 1 - 9.
IRS makes Tax Exempt Organization Search primary source to get exempt organization data
IR-2021-250, December 16, 2021 — The Internal Revenue Service announced today that the publicly available data it provides on electronically filed Forms 990 in a machine-readable format will be available solely on the Tax Exempt Organization Search webpage.
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Individuals, Tax Professionals, Charities and Nonprofits, Businesses, News Media
IRS provides tax inflation adjustments for tax year 2023
IR-2022-182, October 18, 2022 — The Internal Revenue Service today announced the tax year 2023 annual inflation adjustments for more than 60 tax provisions, including the tax rate schedules and other tax changes. Revenue Procedure 2022-38 provides details about these annual adjustments.
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News Media, Tax Professionals, Individuals, Businesses
IRS joins effort to fight charity fraud during international recognition week
IR-2022-180, October 17, 2022 — The Internal Revenue Service announced its continued support by joining international efforts to fight fraud during Charity Fraud Awareness Week, October 17-21.
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Individuals, News Media, Tax Professionals, Businesses
IRS joins leading nonprofit groups to highlight special charitable tax benefit available through Dec. 31
IR-2021-247, December 13, 2021 — The Internal Revenue Service joined today with several leading nonprofit groups to highlight a special tax provision that allows more people to deduct donations to qualifying charities on their 2021 federal income tax return.
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News Media, Individuals
IRS granting dyed diesel penalty relief as a result of Hurricane Ian
IR-2022-169, September 30, 2022 — The Internal Revenue Service, in response to disruptions resulting from Hurricane Ian, will not impose a penalty when dyed diesel fuel with a sulfur content that does not exceed 15 parts-per-million is sold for use or used by emergency vehicles on the highway in the state of Florida.
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News Media, Individuals, Businesses
Tax Time Guide: IRS reminds taxpayers to report gig economy income, virtual currency transactions, foreign source income and assets
IR-2022-45, March 1, 2022 — The IRS reminds taxpayers of their reporting and potential tax obligations from working in the gig economy, making virtual currency transactions, earning foreign-source income or holding certain foreign assets.
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Individuals, Tax Professionals
Get ready for taxes: Bookmark IRS.gov resources and online tools to use before, during and after filing
IR-2022-12, January 13, 2022 — The Internal Revenue Service today encouraged taxpayers to use IRS online tools and resources to find the information they need to be ready to file their 2021 federal tax returns, including important special steps related to Economic Impact Payments and advance Child Tax Credit payments.
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News Media, Individuals, Tax Professionals, Volunteer Preparers
Tax Time Guide: IRS reminder to report all income; gig economy and service industry, digital or foreign assets and sources
IR-2023-35, March 1, 2023 — The Internal Revenue Service reminds taxpayers of their reporting and potential tax obligations on income from the gig economy and service industry, transactions from digital assets, and foreign sources or holding certain foreign assets.
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News Media, Individuals, Tax Professionals
IRS helps taxpayers by providing penalty relief on nearly 5 million 2020 and 2021 tax returns; restart of collection notices in 2024 marks end of pandemic-related pause
IR-2023-244, Dec. 19, 2023 — In a major step to help people who owe back taxes, the Internal Revenue Service today announced new penalty relief for approximately 4.7 million individuals, businesses and tax-exempt organizations that were not sent automated collection reminder notices during the pandemic.
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News Media, Individuals, Tax Professionals, Charities and Nonprofits, Businesses, Trusts and Estates