Communications alert: Inflation Reduction Act; Trucker’s e-file deadline; Security Summit; educator expense deduction and more!
Key notes
- Inflation Reduction Act: One year into its modernization efforts under the Inflation Reduction Act, the IRS has made significant progress toward its goals of delivering world-class service, upgrading its technology, and ensuring high-income taxpayers, large corporations and complex partnerships pay taxes owed.
- IRS encourages truckers to e-file by August 31 tax payment deadline: The IRS encouraged all those who have registered, or are required to register, large trucks and buses with a taxable gross weight of 55,000 pounds or more to e-file Form 2290, Heavy Highway Vehicle Use Tax Return, by the Aug. 31, 2023, payment deadline for vehicles first used in July 2023.
- Security Summit: IRS and the Security Summit partners wrapped up a special awareness series, urging tax pros to maintain robust security measures and take important steps to protect themselves and their taxpayer clients against identity theft.
- New school year reminder to educators: As the new school year begins, the Internal Revenue Service reminds teachers and other educators that they’ll be able to deduct up to $300 of out-of-pocket classroom expenses for 2023 when they file their federal income tax return next year.
News releases
IRS Tax Tip
Videos on YouTube