IRS: 2024 Flexible Spending Arrangement contribution limit rises by $150 11, 2023 - The Internal Revenue Service today urged taxpayers to take important actions now to help them file their 2023 federal income tax return next year. ![]() Get ready to file in 2024: What’s new and what to consider 12, 2023 - The Internal Revenue Service will hold a free webinar, designed primarily for tax professionals whose clients receive income typically reported to them on Form 1099-K, including those who often use popular payment apps and online marketplaces. 14 webinar to focus on tax year 2023 Form 1099-K reporting rules designed to help reporting income through payment apps and online marketplaces 13, 2023 - Internal Revenue Service Commissioner Danny Werfel today announced plans for a new leadership structure at the agency, a step designed to reflect new transformation goals and update the top of the organization chart for the first time in two decades. IRS announces plans for new leadership structure adjustments align with new priorities, agency transformation work ![]() 14, 2023 - The Department of the Treasury and the Internal Revenue Service today issued proposed regulations to provide guidance for the advanced manufacturing production credit established by the Inflation Reduction Act (IRA). Treasury, IRS issue guidance for the advanced manufacturing production credit ![]() 14, 2023 - The Internal Revenue Service today issued the 2024 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. IRS issues standard mileage rates for 2024 mileage rate increases to 67 cents a mile, up 1.5 cents from 2023
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