IRS Updates
Stay on top of the most recent information from the IRS that can impact your clients.
IRS Extends Tax Filing Deadline
By Melanie WaddellThe House Ways and Means Committee chairman had called on the IRS to extend the deadline.
March 17, 2021
Millionaires Owe IRS More Than $2B in Unpaid Taxes"Taxpayers having an average AGI of over $1.5 million paid the IRS an average of 39% of what they owe," a Treasury watchdog report states.
March 08, 2021
Lawmakers Urge IRS to Extend Tax Filing Deadline"We demand that the IRS announce an extension as soon as possible," Reps. Neal and Pascrell said.
March 03, 2021
IRS Drafts Update of Pension and Annuity Income GuideSome major changes relate to COVID-19 distributions and disaster tax relief.
February 24, 2021
Will the 2021 Tax Filing Deadline Be Extended? CPA Group Asks IRS for ClarityReports indicate IRS may move the April 15 deadline if Congress approves another round of economic impact payments.
February 23, 2021
IRS Gives Tax Filing Relief to Texans Hit by Winter StormsAffected taxpayers also have until June 15 to make IRA contributions for 2020.
February 08, 2021
Economic Relief Bill to Include New, Larger Child Tax CreditAnother proposal gradually raises the minimum wage to $15 an hour.
February 05, 2021
IRS Office Tasked With Transforming the Agency Names New ChiefHeather Maloy will lead the Taxpayer First Act office, which is carrying out that law's mandate to revamp the IRS.