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Found 54 Matching Items; Displaying 1 - 10.

IRS updates FAQs for 2021 Child Tax Credit and Advance Child Tax Credit Payments

IR-2022-10, January 11, 2022 — The Internal Revenue Service today updated frequently asked questions (FAQs) for the 2021 Child Tax Credit and Advance Child Tax Credit to help eligible families properly claim the credit when they prepare and file their 2021 tax return.
News
News Media, Individuals, Tax Professionals

IRS updates Information on tax credit helping businesses to hire certain categories of workers

IR-2022-159, September 19, 2022 — The IRS today updated information on the Work Opportunity Tax Credit (WOTC), available to employers that hire designated categories of workers who face significant barriers to employment. For employers facing a tight job market, the WOTC may be able to help.
News
News Media, Businesses, Tax Professionals

IRS announces an update to the Form 14457, Voluntary Disclosure Practice Preclearance Request and Application

IR-2022-33, February 15, 2022 — The Internal Revenue Service announced today that Form 14457, Voluntary Disclosure Practice Preclearance Request and Application, has been revised, including expanding a section on reporting virtual currency.
News
News Media, Tax Professionals, Individuals

IRS issues guidance and updates frequently asked questions related to the new clean vehicle critical mineral and battery components

IR-2023-64, March 31, 2023 — The IRS today issued proposed regulations related to certain requirements that must be met for critical minerals and battery components for the new clean vehicle credit.
News
News Media, Individuals, Tax Professionals

IRS issues guidance and updates frequently asked questions related to new, previously owned and qualified commercial clean vehicle credits

IR-2023-18, Feb. 3, 2023 — The Internal Revenue Service today issued Notice 2023-16 that modifies the definitions of certain vehicle classifications for the new, previously owned and qualified commercial clean vehicle credits.
News
Individuals, Tax Professionals, Businesses, News Media

IRS revised 2021 Child Tax Credit and Advance Child Tax Credit Payments frequently asked questions

IR-2022-53, March 8, 2022 — The Internal Revenue Service today updated its frequently asked questions (FAQs) (FS-2022-17) on the 2021 Child Tax Credit and Advance Child Tax Credit Payments.
News
News Media, Tax Professionals, Individuals

IRS: Going green could help taxpayers qualify for expanded home energy tax credits

IR-2023-97, May 4, 2023 — The Internal Revenue Service reminds taxpayers that making certain energy efficient updates to their homes could qualify them for home energy tax credits.
News
News Media, Individuals, Tax Professionals

IRS Nationwide Tax Forum kicks off July 19

IR-2022-134, July 11, 2022 — This Thursday, July 14, is the last day for tax professionals to register to attend the 2022 IRS Nationwide Tax Forum and have access to all 32 webinars — including a keynote address by IRS Commissioner Chuck Rettig, updates on tax law, cybersecurity, practitioner ethics and more.
News
News Media, Tax Professionals

IRS revises 2021 Child Tax Credit and Advance Child Tax Credit frequently asked questions

IR-2022-108, May 20, 2022 — The IRS today issued a revised set of frequently asked questions for the 2021 Child Tax Credit. These frequently asked questions (FAQs) are released to the public in Fact Sheet 2022-29, May 20, 2022.
News
News Media, Individuals, Tax Professionals

Tax Time Guide: Make IRS.gov the first stop for tax help

IR-2022-35, February 16, 2022 — With phone volumes continuing at historic levels, the Internal Revenue Service reminds taxpayers IRS.gov, should be the first stop for taxpayers seeking information and help with their federal taxes.
News
Individuals, Tax Professionals, News Media

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