IRS introduces new service industry tip reporting program

WASHINGTON — The Treasury Department and Internal Revenue Service today issued Notice 2023-13, which contains a proposed revenue procedure that would establish the Service Industry Tip Compliance Agreement (SITCA) program, a voluntary tip reporting program between the IRS and employers in various service industries. The IRS is issuing this guidance in proposed form to provide an opportunity for public comment.

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What the right to be informed means for taxpayers

The Taxpayer Bill of Rights is a cornerstone of the IRS mission that highlights the 10 fundamental rights taxpayers have when working with the IRS. All taxpayers should familiarize themselves with these rights.

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Here is a video tax tip from the IRS

Subscribe today: The IRS YouTube channels provide short, informative videos on various tax related topics in English, Spanish and ASL.

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IRS kicks off 2023 tax filing season with returns due April 18

WASHINGTON – 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 refunds and avoid delays.

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IRS sets Jan. 23 as official start to 2023 tax filing season; more help available for taxpayers this year

WASHINGTON – The Internal Revenue Service today announced Monday, Jan. 23, 2023, as the beginning of the nation’s 2023 tax season when the agency will begin accepting and processing 2022 tax year returns.

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Tax tips for gig economy entrepreneurs and workers

In recent years, the gig economy has changed how people do business and provide services. Taxpayers must report their gig economy earnings on a tax return – whether they earned that money through a part-time, temporary or side gig.

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In 2022, the IRS went after the poorest tax payers.

Despite over 80 Billion in funding, the agency is living up to it’s reputation of hassling low income tax payers over rich people.

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IRS issues standard mileage rates for 2023; business use increases 3 cents per mile 

WASHINGTON — The Internal Revenue Service today issued the 2023 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.           
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IRS reminds those over age 72 to start withdrawals from IRAs and retirement plans to avoid penalties

WASHINGTON — The Internal Revenue Service today reminded those who were born in 1950 or earlier that funds in their retirement plans and individual retirement arrangements face important upcoming deadlines for required minimum distributions to avoid penalties.

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An overview of the Taxpayer Bill of Rights

By law, all taxpayers have fundamental rights when they’re interacting with the IRS. It’s important that all taxpayers know and understand their rights. The Taxpayer Bill of Rights presents these rights in 10 categories.

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