IRS Now Accepting ITIN Renewal Applications; Taxpayers Encouraged to Act Soon to Avoid Processing Delays in 2017 WASHINGTON — The Internal Revenue Service reminds taxpayers affected by recent changes involving the Individual Taxpayer Identification Number (ITIN) program that they can now begin submitting their ITIN renewal applications to the IRS. Under the Protecting Americans from… Read More »
Notice 2016-60 provides guidance regarding an extension of the replacement period under § 1033(e) of the Internal Revenue Code for livestock sold on account of drought in specified counties. Notice 2016-60 will be in Internal Revenue Bulletin 2016-42 dated October 17, 2016.
IRS reminds taxpayers who requested an extension on the deadline of October 17 Every year millions of taxpayers requested an additional six months to file your tax return. If you are one of them, then youshould know that the Monday, October 17, 2016 is the deadline. This is because the October 15 falls on a… Read More »
Drought-Stricken Farmers and Ranchers Have More Time to Replace Livestock; 37 States and Puerto Rico Affected WASHINGTON — Farmers and ranchers who previously were forced to sell livestock due to drought, like the drought currently affecting much of the nation, have an extended period of time in which to replace the livestock and defer tax… Read More »
Tax Exempt and Government Entities FY 2017 Work Plan Download :Tax Exempt and Government Entities FY 2017 Work Plan
Reminder for Parents and Students: Check Out College Tax Credits for 2016 and Years Ahead WASHINGTON ― With another school year now in full swing, the Internal Revenue Service today reminded parents and students that now is a good time to see if they qualify for either of two college tax credits or other education-related… Read More »
IRS Reminds Extension Filers of the Oct. 17 Deadline Millions of taxpayers ask for an extra six months to file their taxes every year. If you are one of them, then you should know that Monday, Oct. 17 is the extension deadline in 2016. This is so because Oct. 15 falls on a Saturday. If… Read More »
Understanding Your IRS Notice or Letter Your notice or letter will explain the reason for the contact and give you instructions on how to handle the issue. Why was I notified by the IRS? The IRS sends notices and letters for the following reasons: You have a balance due. You are due a larger or… Read More »
How To Use Get Transcript Online Learn about the Get Transcript Online tool and its enhancements that protect you from fraud. Get started at https://www.irs.gov/transcript.
IRS Has a Reminder for Extension Filers: Prior-Year Adjusted Gross Income Amount May Be Needed to File Electronically IR-2016-124, Sept. 22, 2016 WASHINGTON — The Internal Revenue Service has an important reminder for taxpayers who filed for an extension and face an Oct. 17 filing deadline: the adjusted gross income (AGI) amount from your 2014 return… Read More »