RefundtalkThe Internal Revenue Service encouraged taxpayers to take important actions this month to help them file their 2022 federal tax returns. This is the second in a series of reminders to help taxpayers get ready for the upcoming tax filing season. A “Get Ready” page outlines steps taxpayers can take now to make tax filing easier in…
Category Archives: IRS NEWS
4000 People Have Been Hired By IRS Ahead Of The 2023 Tax Season
The Internal Revenue Service announced today significant progress to prepare for the 2023 tax filing season as the agency passed a milestone of hiring 4,000 new customer service representatives to help answer phones and provide other services. These assistors have been hired over the last several months and are being trained to provide help to…
IRS Gains New Funding To Expand Operations And Audits
The Internal Revenue Service (IRS) will receive a significant increase in funding with the passing of the Inflation Reduction Act, potentially leading to an increase in its compliance and enforcement capabilities. Although the IRS has continuously been criticized by both Congress and American citizens for mismanagement and poor customer service, the increase should help alleviate…
Inflation Reduction Act
Last month, Congress passed the Inflation Reduction Act (IRA22), which provides the IRS with supplemental funding of nearly $80 billion over the next ten years. More than half the funding has been earmarked for tax law enforcement, and that has attracted a good deal of public attention. But the legislation also provides about $3.2 billion for…
Some IRS Taxpayer Assistance Centers open on select Saturdays for in-person help
To help people during this year’s filing season, many IRS Taxpayer Assistance Centers across the country will have special Saturday hours. These centers provide taxpayers with in-person help. The TACs are open from 9 a.m. to 4 p.m., local time, March 12, April 9, and May 14. No appointments are required. Taxpayers can receive walk-in…
IRS Plans To Transition Away From ID.Me Facial Recognition
Senate Finance Committee Chair Ron Wyden, D-Ore., today released the following statement after the Treasury Department informed his office it is in the process of transitioning away from using the private facial recognition service ID.me to verify IRS.gov accounts: “The Treasury Department has made the smart decision to direct the IRS to transition away from…
National Taxpayer Advocate delivers Annual Report to Congress; focuses on taxpayer impact of processing and refund delays
National Taxpayer Advocate Erin M. Collins released her 2021 Annual Report to Congress, calling the calendar year 2021 “the most challenging year taxpayers and tax professionals have ever experienced.” The report says tens of millions of taxpayers experienced delays in the processing of their returns, and with 77 percent of individual taxpayers receiving refunds, “processing delays…
IRS updates FAQs for 2021 Child Tax Credit and Advance Child Tax Credit Payments
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 returns. This extensive FAQ update (FS-2022-03) PDF includes multiple streamlined questions for use by taxpayers and tax professionals and is being issued…
Get ready for taxes: What’s new and what to consider when filing taxes in 2022
The Internal Revenue Service today encouraged taxpayers to take important actions this month to help them file their federal tax returns in 2022, including special steps related to Economic Impact Payments and advance Child Tax Credit payments. This is the second in a series of reminders to help taxpayers get ready for the upcoming tax…
What taxpayers can do now to get ready to file taxes in 2022
There are steps people, including those who received stimulus payments or advance child tax credit payments, can take now to make sure their tax filing experience goes smoothly in 2022. They can start by visiting the Get Ready page on IRS.gov. Here are some other things they should do to prepare to file their tax return. Gather and organize…
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