RefundtalkAs part of a continuing effort to improve service this tax season, the Internal Revenue Service today announced special Saturday hours for the next four months at Taxpayer Assistance Centers (TACs) across the country. The special Saturday availability across the nation will take place from 9 a.m. to 4 p.m., on Feb. 11, March 11, April 8,…
Category Archives: IRS NEWS
Top Facts Filers Should Know for IRS Opening Day 2023!
Opening Day for the IRS is Today January 23, 2023. The Internal Revenue Service kicked off the 2023 tax filing season with a focus on improving service and a reminder to taxpayers to file electronically with direct deposit to speed up refunds and avoid delays. Following a successful opening of its systems today, the IRS is now…
IRS Postpones Implementation Of $600 Form 1099-K Reporting By A Year
As a result of taxpayer confusion, lack of clear guidance, concerns about the existing backlog, and impact on the upcoming filing season, industry and stakeholders urged the IRS to postpone the implementation of the new reporting requirements of Forms 1099-K. Good news: The IRS listened, and on Friday, December 23, the IRS issued Notice 2023-10 delaying the…
Are You a Tax Return Ghost Preparer?
With tax season approaching, the Internal Revenue Service (IRS) is again warning consumers and companies to avoid “ghost” tax return preparers. Are you a ghost preparer? Tax preparer fraud is a perennial issue and one which the IRS takes very seriously. All tax preparers in the U.S. are required to identify their role in preparing a return…
What’s new and what to consider when filing taxes in 2023
The 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…
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…
Related Posts