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Information on updating paper PTIN account information.

The Reminders section of Publication 17, Your Federal Income Tax has been updated to reflect the increase in the maximum Additional Child Tax Credit (ACTC) amount for each qualifying child to $1,600 for 2023.

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.

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.

IR-2022-34, February 15, 2022 — The Internal Revenue Service today updated its frequently asked questions (FAQs) on Higher Education Emergency Grants.

FS-2023-26, Nov. 2023 — These FAQs update question 9 to provide that a United States military service member who is a wrongfully incarcerated individual and who receives back pay following the reversal of a court martial conviction may not exclude the payments under section 139F if the payments are merely the restoration of pay and allowances to which the service member is entitled under the law.

During the Frozen Plan Amendments project, the Employee Plans Compliance Unit looked at whether sponsors of frozen defined benefit plans had amended their plans for the Economic Growth and Tax Relief Reconciliation Act of 2001.

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.

SARSEP Fix-It Guide - You haven’t updated your SARSEP plan document for current law

SEP Plan Fix-It Guide - You haven't updated your SEP plan document for current law