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IR-2024-28, Jan. 30, 2024 WASHINGTON —The Internal Revenue Service today offered a checklist to help taxpayers as they prepare to file their 2023 tax returns during filing season. These six easy tips will help make tax preparation smoother in 2024. Much of this information is also available on a special IRS.gov free help page: 1. Gather all necessary tax paperwork and records...
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Contrary to some wildly inaccurate reports Friday night, the IRS is not having widespread system issues in advance of Monday’s filing season opening. IRS systems continue operating well, and the agency has seen a strong, successful testing season in advance of the 2024 tax season opening. The confusion stems from third parties trying to access an IRS system to upload...
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Latest Updates 2023 tax inflation adjustments –The IRS announced the tax year 2023 annual inflation adjustments for more than 60 tax provisions, including the tax rate schedules and other tax changes. Revenue Procedure 2022-38 provides details about these annual adjustments. 2023 standard mileage rates – Beginning January 1, 2023, the standard mileage rates used to calculate the deductible costs of operating a car (also vans, pickups...
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2022 tax filing season begins Jan. 24; IRS outlines refund timing and what to expect in advance of April 18 tax deadline IR-2022-08, January 10, 2022 WASHINGTON — The Internal Revenue Service announced that the nation’s tax season will start on Monday, January 24, 2022, when the tax agency will begin accepting and processing 2021 tax year returns. The January...
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