This article was published by the IRS. Businesses hanging up their Help Wanted signs should be sure to check out the work opportunity tax credit. This credit encourages employers to hire workers certified as members of any of ten targeted groups facing barriers to employment. The credit has been extended through the end of 2025. The [...]
This article was published by the IRS. Taxpayers who can't pay their tax bill by the April 17, 2024 deadline shouldn't panic – the IRS is here to help. There are several options to help taxpayers meet their obligations. It's important for taxpayers to file their tax return or request an extension of time to file [...]
There are several easy ways to pay your taxes: online; by phone; or with cash, check, or money order. To pay online, you can go to your online account at IRS.gov/account and make a payment from your checking or savings account. You can also view the amount you owe, any payment history or activity, and other [...]
People can now access a free recording of the 2023 IRS Form 1099-K webinar. This webinar has important info for both tax professionals and for anyone who receives a Form 1099-K, including people who use popular payment apps and online marketplaces. The webinar covers: Friends and family transactions. How to report 1099-K amounts on a 2023 [...]
Millions of workers qualify for the Earned Income Tax Credit for the first time due to changes like the birth of a child. Visit IRS.gov/eitc for more details.
