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IRS News

IRS announces 2019 Tax Counseling for the Elderly and Volunteer Income Tax Assistance Program grants

IR-2018-215, Nov. 6, 2018 — The IRS recently awarded over $24 million in Tax Counseling for the Elderly (TCE) and Volunteer Income Tax Assistance (VITA) grants to organizations that provide free federal tax return preparation.

Get Ready for Taxes: Renew expiring ITINs now to file a return next year

IR-2018-214, November 5, 2018 — The Internal Revenue Service reminds taxpayers with expiring Individual Taxpayer Identification Numbers (ITINs) to submit their renewal applications as soon as possible.

IRS, Free File Alliance announce changes to improve program; Improved taxpayer options available for 2019 Free File program

IR-2018-213, November 2, 2018 — The Internal Revenue Service announced today an agreement with the Free File Alliance that will strengthen and expand taxpayer options for people choosing to use the free online software program during the 2019 filing season.

IRSAC expands to cover more areas of the IRS; IRPAC and ACT to join centralized advisory committee in 2019

IR-2018-212, Nov. 1, 2018 — The IRS announced today that the Internal Revenue Service Advisory Committee’s role will expand in 2019 to have a wider portfolio and incorporate two other advisory groups.

401(k) contribution limit increases to $19,000 for 2019; IRA limit increases to $6,000

IR-2018-211, Nov. 1, 2018 — The Internal Revenue Service today announced cost of living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2019.

IRS issues proposed regulations reducing potential income inclusions for certain domestic corporations that own stock in foreign corporations

IR-2018-210, Oct. 31, 2018 — The Internal Revenue Service today issued proposed regulations  reducing the amount determined
under Internal Revenue Code section 956 for certain domestic corporations that own (or are treated as owning) stock in
controlled foreign corporations (CFCs). 

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