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Department of the Treasury Internal Revenue Service Contents Important Changes Form
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People also ask
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What is the IRS warning for September 2023?
IR-2023-170, Sept. 14, 2023 — The Internal Revenue Service continues to warn businesses to watch out for aggressive marketing by nefarious actors involving the Employee Retention Credit (ERC) and urged people to watch out for red flags that can signal trouble. -
What are the IRS tax changes for 2023?
For 2023, the standard deduction increased to $27,700 for married couples filing jointly, up from $25,900 in 2022. Single filers may claim $13,850 for 2023, an increase from $12,950. Enacted via the Tax Cuts and Jobs Act of 2017, the higher standard deduction is slated to sunset in 2026, along with lower tax rates. -
What are the changes to Eftps 2023?
The new authentication process supports Executive Order 14028, requiring all federal agency applications to implement MFA. EFTPS is partnering with third-party credential service providers Login.gov and ID.me for MFA services. Secure sign-in via Login.gov or ID.me is required as of October 19, 2023. -
What are the IRS changes for 2024?
For 2024, the standard tax deduction for single filers has been raised to $14,600, a $750 increase from 2023. For those married and filing jointly, the standard deduction has been raised to $29,200, up $1,500 from the previous year.
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