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Tax updates and news from the IRS | Internal Revenue Service
Get critical updates that may affect your tax filing and recent IRS news. On this page. Latest updates; Clean vehicle and energy credits; 2023 tax filing. Other updates; Latest updates. Resolving incorrect claims for the Employee Retention Credit – The IRS continues to urge employers to review their ERC claims. There is limited time to ...
News releases for current month - Internal Revenue Service
IR-2025-13, Jan. 14, 2025 — The Internal Revenue Service today announced the appointment of 18 new members to the Internal Revenue Service Advisory Council. IRS, CASST announce 2025 filing season changes aimed at preventing spread of scams, schemes; new Fuel Tax Credit statement and increased review of “other withholding” claims among ...
IRS has announced its new 2025 tax brackets. Here's what to know.
Oct 23, 2024 · The IRS on Tuesday announced its new inflation-adjusted tax brackets for 2025, with the annual income thresholds rising by about 2.8% from 2024 — the smallest jump in several years.
IRS announces Jan. 27 start to 2025 tax filing season; agency …
Jan 10, 2025 · Free File program now open; Direct File available starting Jan. 27 for taxpayers in 25 states. IR-2025-08, Jan. 10, 2025. WASHINGTON — The Internal Revenue Service today announced that the nation’s 2025 tax season will start on Monday, Jan. 27, 2025, and will feature expanded and enhanced tools to help taxpayers as a result of …
The IRS will soon set its new 2025 tax brackets. Here's what to …
Sep 27, 2024 · The IRS adjusts its tax brackets and other provisions each year for inflation. Here's what experts say to expect in 2025.
IRS changes tax rules for 2025: Full list of who's impacted and how
Oct 22, 2024 · The Internal Revenue Service (IRS) has released its full list of changing tax rules for 2025, and Americans are likely to see major updates to standard deductions and certain tax credits.
The IRS just lost billions. Here's what that means for your taxes
Dec 31, 2024 · The IRS has lost $20 billion in funding as part of Congress' bid to stop the government shutdown, crippling its ability to go after high-earning tax dodgers.
IRS expects to collect more in overdue and unpaid taxes | AP News
Feb 7, 2024 · WASHINGTON (AP) — The IRS is poised to take in hundreds of billions of dollars more in overdue and unpaid taxes than previously anticipated, according to new analysis released Tuesday by the Treasury Department and the IRS.
40% Transfer Tax: IRS Final Say On Foreign Gifts, Bequests
1 day ago · Had a net worth of $2 million or more as of the expatriation date. Had an average annual net income tax liability for the five years ending before the expatriation date exceeding a set amount ...
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