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. Taxpayers have the right to expect that any IRS inquiry, examination or enforcement action will comply with the law and be no...
Taxes
IRS issues important interim guidance on employer matching contributions made to retirement plans related to employee student loan payments
WASHINGTON — The Internal Revenue Service issued interim guidance for sponsors of 401(k) and similar retirement plans that provide, or wish to provide, matching contributions based on eligible student loan payments made by their participating employees. Notice...
Business Tax Account now gives many business taxpayers new options for making payments easier
The Internal Revenue Service is continuing to expand the features within Business Tax Account (BTA), an online self-service tool for business taxpayers that now allows them to view and make balance-due payments. Launched last fall, BTA is a key part of the agency’s...