Ritten Determinations News Today

IRS Notice 2023-37,which clarifies whether certain items and services are treated as preventive care under Section 223 c 2 C of the Internal Revenue Code.

Summary of significant Internal Revenue Service IRS guidance and relevant tax matters for the week of June 27, 2022 – July 1, 2022: Revising optional standard mileage rates,amending QDP provisions, list of taxable substances, funeral expenses, loan obligations, ARPA guidance

Summary of Internal Revenue Service IRS guidance and relevant tax matters for the week: Processing of Form 1040's on track, Released report that goes over concerns of delays in paper filed returns, tax forms can be amended electronically, list of written determinations

IRS issued internal memorandum Appeals Coordinated Issues to streamline the issue coordination process and reduce confusion over terminology.IRS announced increase in interest rates for the calendar quarter beginning July 1, 2022 and revised FAQ's related to Child Tax credit

Internal Revenue Service announced that free face-to-face tax assistance.Notice 2022-27, extending earlier relief that temporarily removed the requirement that certain elections and consents under pension and employee benefit plans be made in the physical presence of notary

IRS guidance, tax matters for April 17 to April 23.Content includes Interest Rates Federal Tax Purposes, Qualify for Extensions, Penalty Relief Options, Tax Liabilities, Tax Credits, Depreciation Deductions, Nationwide Tax Forum, limit penalties and interest, ESL taxpayers

IRS guidance and relevant tax matters for the week of April 3 – April 9, 2022, Low Income Taxpayer Clinic grant, Taxpayer Assistance Centers, estimated federal tax payments, Written Determinations

The IRS issued a news release reminding taxpayers that individual retirement account contributions for 2021 may be made through April 18, 2022. The IRS provides an update to a Fact Sheet regarding the Child Tax Credit under Section 24 of the Code.

Below is our summary of significant Internal Revenue Service guidance and relevant tax matters for the week of February 13, 2022 February 19, 2022. The IRS issued a news release announcing the launch of a resource page that provides taxpayers with 2022 filing season updates.

The IRS reminds employers and self-employed individuals who chose to defer paying part of their 2020 social security tax obligation that a payment is due on January 3, 2022, Illinois victims of severe storms now have until May 16, 2022, to file various returns and more.