U.S. Government News

Free Tax Help:New IRS Online Tool Helps Low- and Moderate-Income Taxpayers Find Locations for Help

Mon, 06 Feb 2012 13:19:25 PST

As part of a continuing effort to improve service to taxpayers, the Internal Revenue Service announced today the availability of a new online tool to help people easily find a location for volunteer tax preparation assistance.

IRS Tax Refunds: IRS Recommends Direct Deposit for your Tax Refunds

Mon, 06 Feb 2012 11:20:45 PST

According to the IRS, Direct deposit is the fastest, safest way to receive your tax refund. When a taxpayer combines e-file and direct deposit, the IRS will likely issue your refund in as few as 10 days.

IRS: Five Tips for Recently Married or Divorced Taxpayers with a Name Change

Fri, 03 Feb 2012 18:02:55 PST

If you changed your name after a recent marriage or divorce, the IRS reminds you to take the necessary steps to ensure the name on your tax return matches the name registered with the Social Security Administration. A mismatch between the name shown on your tax return and the SSA records can cause problems in the processing of your return and may even delay your refund.

IRS Reminds Parents of Ten Tax Benefits

Thu, 26 Jan 2012 15:51:27 PST

Your kids can be helpful at tax time. That doesn't mean they'll sort your tax receipts or refill your coffee, but those charming children may help you qualify for some valuable tax benefits. Here are 10 things the IRS wants parents to consider when filing their taxes this year.

Tangible Propert Tax:IRS and Treasury Department Publish Temporary Regulations on Treatment of Tangible Property

Thu, 29 Dec 2011 09:02:42 PST

The Internal Revenue Service and Treasury Department today published in the Federal Register temporary regulations that provide guidance to taxpayers on the treatment of amounts paid to acquire, produce or improve tangible property and regarding the accounting for, and dispositions of, property subject to depreciation.

IRS New Tax Tax Guide Helps People Save on Their 2011 Taxes

Thu, 29 Dec 2011 08:56:16 PST

Taxpayers can get the most out of various recovery tax benefits and get a jump on preparing their 2011 federal income tax returns by consulting a newly revised comprehensive tax guide now available on IRS.gov.

IRS Announces Pension Plan Limitations for 2012

Mon, 07 Nov 2011 12:39:25 PST

The Internal Revenue Service today announced cost of living adjustments affecting dollar limitations for pension plans and other retirement-related items for Tax Year 2012.

Health Care Tax Credit: What Employers Need to Know about Claiming the Tax Credit

Fri, 14 Oct 2011 18:51:28 PST

Many small employers that pay at least half of the premiums for employee health insurance coverage under a qualifying arrangement may be eligible for the small business health care tax credit. This credit can enable small businesses and small tax-exempt organizations to offer health insurance coverage for the first time.

New IRS Video: IRS Adoption Credit and More

Thu, 08 Sep 2011 09:32:05 PST

Thinking about adopting? Before you do, find out what documentation is required by you in order to claim the adoption credit by the IRS.

Tax Return Preparer Test: IRS Releases Specifications for Registered Tax Return Preparer Test

Tue, 06 Sep 2011 21:55:58 PST

The test is part of an ongoing effort by the IRS to enhance oversight of the tax preparation industry. Preparers who pass this test, a background check and tax compliance check as well as complete 15 hours of continuing education annually will have a new designation: Registered Tax Return Preparer.

Tax Time Stress: IRS offers Tax Tips to Reduce Tax-Time Stress

Mon, 29 Aug 2011 09:39:54 PST

You may not be thinking about your tax return right now, but summer is a great time to start planning for next year. Organized records not only make preparing your return easier, but may also remind you of relevant transactions, help you prepare a response if you receive an IRS notice, or substantiate items on your return if you are selected for an audit

Recently Married? IRS Offers Seven Tax Tips for Taxpayers

Tue, 23 Aug 2011 09:35:17 PST

With the summer wedding season in full swing, the Internal Revenue Service advises the soon-to-be married and the just married to review their changing tax status. If you recently got married or are planning a wedding, the last thing on your mind is taxes. However, there are some important steps you need to take to avoid stress at tax time. Here are seven tips for newlyweds.

IRS: How to Get Your Prior-Year Tax Information from the IRS

Wed, 17 Aug 2011 13:26:42 PST

Taxpayers sometimes need tax returns from previous years for loan applications, to estimate tax withholding, for legal reasons or because records were destroyed in a natural disaster or fire.

IRS Back-to-School Tips for Students and Parents Paying College Expenses

Wed, 17 Aug 2011 01:53:28 PST

Whether you’re a recent graduate going to college for the first time or a returning student, it will soon be time to get to campus – and payment deadlines for tuition and other fees are not far behind.

Moving this Summer: Ten Tax Tips for Individuals Who Are Moving This Summer

Wed, 10 Aug 2011 18:15:59 PST

Summertime is a popular time for people with children to move since school is out. Moving can be expensive, but the IRS offers 10 tax tips on deducting some of those expenses if your move is related to starting a new job or a new job location

IRS & Innocent Spouse Requests: Two-Year Limit No Longer Applies

Fri, 05 Aug 2011 17:54:21 PST

The Internal Revenue Service announced that it will extend help to more innocent spouses by eliminating the two-year time limit that now applies to certain relief requests.

Tax Preparer Regulation: Improving Tax Return Accuracy Depends on IRS's Use of New Requirement

Fri, 29 Jul 2011 12:35:03 PST

Paid preparers are a cornerstone of the U.S. tax system, as they prepare approximately 60 percent of all tax returns filed, and their actions have an enormous impact on the Internal Revenue Service's (IRS) ability to administer tax laws effectively.

How to Make a Complaint Against a Tax Return Preparer

Sat, 23 Jul 2011 11:08:02 PST

Need to file a complaint against your Tax Return Preparer or CPA? Here is what the IRS says you must do.......

IRS Will Provide Tax Help at Disaster Recovery Centers

Thu, 21 Jul 2011 07:47:35 PST

IRS Tax Scams: IRS Urges Taxpayers to Avoid Becoming Victims of Tax Scams

Mon, 18 Jul 2011 17:50:05 PST

The Internal Revenue Service today encouraged taxpayers to guard against being misled by unscrupulous individuals trying to persuade them to file false claims for tax credits or rebates