IRS
Get the latest news and insights on the Internal Revenue Services' tax laws, enforcement actions and related activities.
90 Million Stimulus Payments Sent, More Coming Soon: IRS, Treasury
By Melanie WaddellFirst batch of payments issued mostly by direct deposit this past weekend, but Treasury also mailed roughly 150,000 checks worth $442 million.
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 17, 2021
House Democrats Float Bill to Close Carried Interest Tax LoopholeThe carried interest loophole "has allowed private equity tycoons to pay lower tax rates than their secretaries," said Rep. Bill Pascrell, one of the bill's sponsors.
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.
February 02, 2021
IRS Approves Another Annuity Fee Payment ArrangementThe letter covers a product family that includes a RILA contract.
January 27, 2021
IRS Creates New Chief Taxpayer Experience Officer PostThe new position will work with business units and offices across the IRS to serve taxpayers.