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AR Survivors Affected by Severe Storms and Tornadoes Can Apply for FEMA Assistance
Release # DR-4698-AR NR-001 Release Date: April 2, 2023 Arkansas homeowners and renters in three counties who sustained damage from the severe storms and tornadoes that occurred on March 31 could be eligible for help from FEMA. The designated counties for FEMA Individual Assistance are Cross, Lonoke, and Pulaski. The fastest and easiest way to apply for assistance is by visiting www.disasterassistance.gov. If it is not possible to apply online, call 800-621-3362. The toll-free telephone lines operate from 6 a.m. to 10 p.m. CDT seven days a week. If you use video relay service (VRS), captioned telephone service or others, give FEMA your number for that service.
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Lookback period extended for refunds related to pandemic postponements
Notice 2023-21, the IRS lengthened the lookback period for refund claims for returns with due dates that were deferred by Notice 2021-21 or Notice 2020-23, which postponed the due dates for filing certain tax returns and making certain tax payments during the COVID-19 pandemic.
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IRS issues guidance on state tax payments to help taxpayers
IR-2023-23, Feb. 10, 2023 WASHINGTON – The Internal Revenue Service provided details today clarifying the federal tax status involving special payments made by 21 states in 2022.
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AICPA Delivers Compendium of Tax Proposals to Capitol Hill
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IRS Announces Start Date for Filing Season
The Internal Revenue Service today announced Monday, January 23, 2023, as the beginning of the nation's 2023 tax season when the agency will begin accepting and processing 2022 tax year returns. More than 168 million individual tax returns are expected to be filed, with the vast majority of those coming before the April 18 tax deadline. People have three extra days to file this year due to the calendar. With the three previous tax seasons dramatically impacted by the pandemic, the IRS has taken additional steps for 2023 to improve service for taxpayers. As part of the August passage of the Inflation Reduction Act, the IRS has hired more than 5,000 new telephone assistors and added more in-person staff to help support taxpayers.
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Filing Season Quick Guide — Tax Year 2022
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IRS announces delay for implementation of $600 reporting threshold for third-party payment platforms’ Forms 1099-K
WASHINGTON — The Internal Revenue Service today announced a delay in reporting thresholds for third-party settlement organizations set to take effect for the upcoming tax filing season. As a result of this delay, third-party settlement organizations will not be required to report tax year 2022 transactions on a Form 1099-K to the IRS or the payee for the lower, $600 threshold amount enacted as part of the American Rescue Plan of 2021.
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Key tax and retirement provisions in the Secure 2.0 Act
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IRS announces job openings to hire over 700 new employees across the country to help taxpayers in person
IR-2022-197, Nov. 9, 2022 WASHINGTON – In addition to the more than 4,000 people recently hired to fill critical customer service representative positions, the Internal Revenue Service is now seeking over 700 new employees to help taxpayers at Taxpayer Assistance Centers across the country.
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IRS Announces Acting Commissioner