Tax Tip 2024-98, Dec. 18, 2024 — With more than 90% of individual federal returns filed electronically, becoming an IRS-authorized e-file provider is important for tax preparers who want to grow their business with a service most taxpayers now expect. All it takes is a few simple steps.

Tax Tip 2024-97, Dec. 17, 2024 — The IRS and its Security Summit partners recently held the ninth annual National Tax Security Awareness Week, an annual event that emphasizes the importance of protecting sensitive financial information from identity theft and tax scams, especially as the holidays and the 2025 tax season approach.

Tax Tip 2024-96, Dec. 11, 2024 — The IRS 2024 Nationwide Tax Forum Online provides tax professionals access to seminars from the IRS Nationwide Tax Forum. Qualified tax professionals have the option to earn continuing education credit.

Tax Tip 2024-95, Dec. 10, 2024 — With more than 800,000 Preparer Tax Identification Numbers set to expire on Dec 31, 2024, the IRS recommends tax professionals renew their PTIN now with the IRS Tax Professional PTIN system.

Tax Tip 2024-94, Dec. 9, 2024 — As part of the 2024 National Tax Security Awareness Week, the IRS and Security Summit partners remind tax professionals that their IRS Tax Pro Account, a digital self-service portal, lets them manage authorized relationships with their clients and view clients’ tax information while keeping client data secure.

Tax Tip 2024-93, Dec. 6, 2024 — Tax professionals are required by law to create a Written Information Security Plan – or WISP – to protect their clients’ data.

Tax Tip 2024-92, Dec. 5, 2024 —  During the ninth annual National Tax Security Awareness Week, the IRS and its Security Summit partners want to assist taxpayers in recognizing tax scams and fraud to keep their information safe and out of the hands of identity thieves and scammers.

Tax Tip 2024-91, Dec. 3, 2024 — Taxpayers should watch out for gift card scams especially during the holiday season. The IRS never asks for or accepts gift cards as payment for a tax bill.

Tax Tip 2024-90, Dec. 2, 2024 — The IRS and the Security Summit partners remind tax professionals that multifactor authentication is more than an important protection for their businesses and their clients – it’s now a federal requirement.

Tax Tip 2024-89, Nov. 13, 2024 — Members of the U.S. Armed Forces, veterans and their families may qualify for special tax benefits. Whether they have a simple or complex tax situation, the IRS provides information to make filing taxes easier to understand for those sacrificing so much for our country.

Tax Tip 2024-88, Nov. 7, 2024 — Scammers commonly set up fake charities to take advantage of people’s generosity during natural disasters and other tragic events.

Tax Tip 2024-87, Oct. 30, 2024 — The IRS Alternative Media Center provides content in a variety of formats to accommodate taxpayers with different communication needs.

Tax Tip 2024-86, Oct. 29, 2024 — Businesses that make structural adaptations or other accommodations for employees or customers with disabilities may be eligible to save money on their taxes.

Tax Tip 2024-85, Oct. 28, 2024 — Employers who hire people from certain groups can reduce the tax they owe when they claim the Work Opportunity Tax Credit on their federal tax return. To claim the credit, an employer must first get certification an individual is eligible.

Tax Tip 2024-84, Oct. 17, 2024 — It may be important for victims of a disaster to reconstruct their tax and financial records to help prove and document their losses so they can get federal assistance or insurance reimbursement.

Tax Tip 2024-83, Oct. 16, 2024 — Disaster relief can be authorized by the IRS when certain criteria from the Federal Emergency Management Agency are met. Generally, the IRS will authorize disaster tax relief to all areas identified on a major disaster declaration if FEMA identifies at least one area qualifying for their Individual Assistance program.

Tax Tip 2024-82, Oct. 15, 2024 — IRS.gov has information disaster victims may need as they recover, including information about disaster-related tax relief and extensions to file and pay.

Tax Tip 2024-81, Oct. 3, 2024 — The Oct. 15 extension deadline to file taxes is fast approaching. Most taxpayers who requested an extension of time to file their 2023 tax return must file by Tuesday, Oct. 15, to avoid the penalty for filing late.

Tax Tip 2024-80, Oct. 2, 2024 — For people who haven’t filed their 2023 tax return yet, IRS.gov has resources to help them file electronically, get personalized tax account info and find the status of their refund.

Tax Tip 2024-79, Oct. 1, 2024 — The deadline for taxpayers with an extension to file is around the corner — on Tuesday, Oct. 15.

Tax Tip 2024-78, Sept. 23, 2024 — The IRS’s second Employee Retention Credit Voluntary Disclosure Program is open and runs through Nov. 22, 2024. This ERC VDP helps businesses repay credits they received after filing ERC claims in error.

Tax Tip 2024-77, Sept. 12, 2024 — The Taxpayer Advocate Service is an independent organization within the IRS. TAS protects taxpayers’ rights by striving to ensure that all taxpayers are treated fairly and know and understand their rights under the Taxpayer Bill of Rights.

Tax Tip 2024-76, Sept. 11, 2024 — Taxpayers have the right to finality when working with the IRS. For example, taxpayers have the right to know when the IRS has finished an audit. This is one of 10 basic rights, known collectively as the Taxpayer Bill of Rights.

Tax Tip 2024-75, Sept. 5, 2024 — IRS Identity Protection PINs, or IP PINs, are a vital tool to protect taxpayers from identity thieves. The IRS encourages taxpayers to get an IP PIN and establish their IRS Online Account. These tools help guard against fraudsters trying to steal personal and financial information.

Tax Tip 2024-74, Sept. 4, 2024 — The IRS and the Security Summit partners continue to see identity thieves targeting tax professionals in hopes of gaining valuable client tax information

Tax Tip 2024-73, Aug. 27, 2024 — The heavy highway vehicle use tax is an annual federal excise tax on heavy highway motor vehicles that operate on public highways. The deadline to file and pay this tax for 2024 is Sept. 3.

Tax Tip 2024-72, Aug. 26, 2024 — The IRS recently shared five new warning signs of incorrect claims by businesses for the Employee Retention Credit.

Tax Tip 2024-71, Aug. 21, 2024 — Individual taxpayers who requested an extension of time to file their federal taxes have until Oct. 15, 2024, to complete and file their federal tax return. Those who already have the forms and information they need should file now – there’s no advantage to waiting until the deadline.

Tax Tip 2024-70, Aug. 20, 2024 — The deadline for taxpayers who requested an extension to file is Oct. 15, 2024, and some may choose to hire a tax return preparer. Those who do need to understand how to choose a tax preparer wisely and how to work with them.

Tax Tip 2024-69, Aug. 19, 2024 — Free tax filing options are available to taxpayers who requested an extension of time to file their federal taxes. There’s no need to wait for the Oct.14 deadline if taxpayers are ready to file.

Tax Tip 2024-68. Aug. 7, 2024 — An educational assistance program is an employer’s written plan to provide employees with undergraduate or graduate-level educational assistance. These programs allow employers to pay student loan debt and other education expenses tax-free.

Tax Tip 2024-67, Aug. 6, 2024 — There are two education tax credits designed to help offset education costs: the American Opportunity Tax Credit and the Lifetime Learning Credit.

Tax Tip 2024-66, Aug. 5, 2024 — The educator expense deduction lets eligible teachers and administrators deduct part of the cost of technology, supplies and training from their taxes. They can claim this deduction only for expenses that weren’t reimbursed by their employer, a grant or other sources.

IRS Tax Tip 2024-65, Aug. 1, 2024 — Protecting taxpayer privacy is priority at the IRS. The right to privacy is one of 10 rights the Taxpayer Bill of Rights gives all taxpayers.

Tax Tip 2024-64, July 30, 2024 — Following inaccurate tax advice from social media influencers can have bad consequences. Taxpayers can protect themselves from misinformation and scams by following the IRS verified social media accounts and e-news services.

Tax Tip 2024-63, July 29, 2024 — Identity thieves may try to contact taxpayers through fraudulent calls, emails, texts and social media messages pretending to be the IRS. Here’s how taxpayers know when it’s the IRS that contacts them.

Tax Tip 2024-62, July 1, 2024 — Homeowners who make improvements like replacing old doors and windows, installing solar panels or upgrading a hot water heater may qualify for home energy tax credits.

Tax Tip 2024-61, June 26, 2024 — IRS.gov has information disaster victims may need, including information about disaster-related filing extensions and tax relief.

Tax Tip 2024-60, June 24, 2024 — Tax relief is available for people living in areas declared disasters by the Federal Emergency Management Agency. To find out if an area qualifies for disaster tax relief, check IRS news from around the nation.

Tax Tip 2024-59, June 20, 2024 — Mediation – also known as alternative dispute resolution – can help taxpayers resolve tax issues early and efficiently.

Tax Tip 2024-58, June 11, 2024 — The Employer-Provided Childcare Tax Credit is an incentive for businesses to provide childcare services to their employees.

Tax Tip 2024-57, June 10, 2024 — Summer wedding season has arrived, and newlyweds can make their tax filing easier by doing a few things now. A taxpayer’s marital status as of December 31 determines their tax filing options for the entire year, but that’s not all newlyweds need to know.

Tax Tip 2024-56, June 6, 2024 — Eligible contractors who build new energy efficient homes or substantially reconstruct existing homes into qualified energy efficient homes may be eligible for a tax credit up to $5,000 per home.

Tax Tip 2024-55, June 5, 2024 — Hobbies and businesses are treated differently when it comes to filing taxes. The biggest difference between the two is that businesses operate to make a profit while hobbies are for pleasure or recreation.

Tax Tip 2024-54, May 30, 2024 — If the IRS rejects an offer in compromise, taxpayers have 30 days from the date on the rejection letter to request an appeal of that decision.

Tax Tip 2024-53, May 29, 2024 — While summer is a time for fun, it’s never the wrong time to be thinking about taxes – and some of those summer activities could have an impact. Here are a few summertime activities and tips on how taxpayers should consider them for filing season.

Tax Tip 2024-52, May 22, 2024 — Here are some simple things taxpayers can do throughout the year to make filing season less stressful.

Tax Tip 2024-51, May 21, 2024 — Whether someone is a current homeowner or buying a new home this summer owning a home can be expensive. There are tax benefits that can help taxpayers save money and offset some of the costs that come with homeownership.

Tax Tip 2024-50, May 16, 2024 — The IRS Energy Credits Online tool lets multiple people register as users on behalf of their entity. For continuity of access to the clean energy online tools, the IRS encourages each entity to have more than one clean energy officer.

Tax Tip 2024-49, May 15, 2024 — Some unscrupulous promoters have misrepresented eligibility rules for the Employee Retention Credit, luring well-intentioned businesses to claim the credit when they don’t qualify.

IRS Tax Tip 2024-48, May 14, 2024 — It’s important that U.S. citizens and resident aliens living abroad understand their tax obligations. Their worldwide income — including wages, unearned income and tips — is subject to U.S. income tax, regardless of where they live or where they earn their income.

Tax Tip 2024-47, May 8, 2024 — If a taxpayer disagrees with an IRS decision, they can ask the IRS Independent Office of Appeals to review their case. This office is separate from the rest of the IRS.

Tax Tip 2024-46, May 7, 2024 — Every taxpayer has fundamental rights when working with the IRS. Collectively their rights are known as the Taxpayer Bill of Rights. One of these is the right to challenge the IRS’s position and be heard.

Tax Tip 2024-45, May 6, 2024 — IRS sends notices and letters when it needs to ask a question about a taxpayer’s federal tax return, let them know about a change to their account or request a payment. Don’t panic if something comes in the mail from the IRS – they’re here to help.

Tax Tip 2024-44, May 3, 2024 — When business owners put together an emergency preparedness plan, it should include copies of vital records and financial information.

Tax Tip 2024-43, May 2, 2024 — Registration for the 2024 IRS Nationwide Tax Forum is now open. These annual forums provide tax professionals the opportunity to attend special continuing education sessions.

Tax Tip 2024-42, May 1, 2024 — Taxpayers and tax professionals should remain alert and aware of these common scams, schemes and cons to avoid losing money, personal information or client data.

Tax Tip 2024-41, April 30, 2024 — The IRS knows that understanding and meeting tax obligations is vital to the success of all businesses, especially a new one. IRS.gov has the resources and information to help people through the process of starting a new business.

Tax Tip 2024-40, April 26, 2024 — Tax fairness means the tax system is equitable to all citizens. The right to a fair and just tax system is one of 10 rights in the Taxpayer Bill of Rights, which clearly outlines the fundamental rights of every taxpayer.

Tax Tip 2024-39, April 25, 2024 — When a taxpayer realizes that their federal tax return has a math error, missing income or other mistake, they should file an amended tax return.

Tax Tip 2024-38, April 24, 2024 — When a taxpayer can’t pay their full tax debt or if paying would cause financial hardship, they should consider applying for an offer in compromise.

Tax Tip 2024-37, April 23, 2024 — Taxpayers who missed the April tax filing and payment deadline should file as soon as they can. The IRS offers resources to help those who may be unable to pay their tax bill in total.

Tax Tip 2024-36, April 17, 2024 — Once people complete and file their tax return, many of them eagerly await any refund they may be owed. Knowing fact from fiction can help manage expectations as they wait for their money.