Gather all year-end income documents As taxpayers are getting ready to file their taxes, the first thing they should do is gather their records. To avoid processing delays that may slow their refund, taxpayers should gather all year-end income documents before filing...

Protection for all taxpayers Two key elements of the IRS mission are to treat taxpayers with dignity and respect, and to provide them a positive customer experience. The Taxpayer Bill of Rights outlines the ten specific rights all taxpayers have any time they interact...

The Social Security Administration will never threaten, scare, or pressure you to take an immediate action. If you receive a call, text, or email that... cell phone image Threatens to suspend your Social Security number, even if they have part or all of your Social...

The IRS reminds taxpayers there are things they should do before the current tax year ends on Dec.31. Donate to charityTaxpayers may be able to deduct donations to tax-exempt organizations on their tax return. As people are deciding where to make their donations, the...

Next year taxpayers can put an extra $1,000 into their 401(k) plans. The IRS recently announced that the 2022 contribution limit for 401(k) plans will increase to $20,500. The agency also announced cost‑of‑living adjustments that may affect pension plan and other...

What employers need to know when classifying workers as employees or independent contractors It is critical for business owners to correctly determine whether the individuals providing services are employees or independent contractors. An employee is generally...

Renewed work opportunity tax credit can help employers hire workers With many businesses facing a tight job market, the IRS reminds employers to check out the work opportunity tax credit. Resent legislation extended this credit through the end of 2025. This...

October 15 is fast approaching. That's the last day to file for most people who requested an extension for their 2020 tax return. These taxpayers can file any time on or before Friday, October 15 if they have all their required tax-related documents. They should also...

Many Americans have been working from home due to the pandemic, but only certain people will qualify to claim the home office deduction. This deduction allows qualifying taxpayers to deduct certain home expenses on their tax return when they file their 2021 tax return...

This is National Small Business Week. The IRS acknowledges that small business employers have unique tax responsibilities, and they make valuable contributions to the economy. The agency has a variety of information and resources to help employers understand and meet...