| Communications alert: Filing season essentials | |
| Good afternoon: This outreach bundle includes materials on these topics:
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Key topic and recent news release:
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| Videos on YouTube you can share on your social media platforms or in other content: | |
| Social media images and text: | |
| Dependents Tags: Filing season |
Wondering who you can claim as a dependent in your tax return? The #IRS Interactive Tax Assistant can help: https://www.irs.gov/help/ita/whom-may-i-claim-as-a-dependent A dependent is a qualifying child or relative who relies on your financial support. To be claimed on your tax return, they must meet specific requirements. Learn more from the #IRS at: https://www.irs.gov/credits-deductions/individuals/dependents |
| Employer-Provided Childcare Tax Credit Tags: Credits/Deductions, Small businesses |
See #IRS information about claiming the Employer-Provided Childcare Tax Credit, including the requirements for qualified expenditures and facilities: www.irs.gov/employerchildcare An #IRS page can help employers claim a business tax credit for qualified childcare facility and referral expenditures. Check out: www.irs.gov/employerchildcare The #IRS Employer-Provided Childcare Tax Credit page helps determine eligibility for a tax credit of up to $150,000. See if your business qualifies: www.irs.gov/employerchildcare |
| Credits and deductions Tags: Filing Season, Credits/Deductions |
Claiming eligible credits and deductions on your tax return may lower the tax you owe – or even qualify you for a refund. Learn more from the #IRS at: www.irs.gov/credits Make sure you claim all the tax credits and deductions you qualify for. Learn more from the #IRS at: www.irs.gov/credits |
| Taxable and nontaxable income Tags: Forms/Pubs, Small business, filing season |
Find out what and when income is taxable and nontaxable, including employee wages, fringe benefits, barter income and royalties. See #IRS Publication 525: www.irs.gov/pub5252 Taxable income includes wages, salaries, bonuses, and tips, as well as investment income and various types of unearned income. But what is nontaxable income? Check #IRS Publication 525 to find out: www.irs.gov/pub5252 Most income is taxable and must be reported on your federal income tax return, but what you may not know is that some income is only partially taxable. Learn more from #IRS Publication 525: www.irs.gov/pub5252 |
| Document Upload Tool Tags: SOP: Texperience |
More taxpayers are using smart phones or computers to scan and upload responses to IRS correspondence rather than writing letters or mailing documents. Learn more about the #IRS Document Upload Tool at: www.irs.gov/dut With the #IRS Document Upload Tool, almost anyone with a smart phone or computer can reply online to their tax notices. See: www.irs.gov/dut With the #IRS Document Upload Tool most people do not have to send mail in response to tax notices or letters. Learn more at: www.irs.gov/dut |
| Fuel Tax Credit scam Tags: Tax Security/Scams, Social Media, Filing season, SOP: Credits, deductions |
Beware of bad tax advice on social media about the Fuel Tax Credit. This specialized credit is for off-highway business and farming use, and most taxpayers don’t qualify. See #IRS advice to protect yourself: https://ow.ly/QY8j50UZv5s If you mistakenly claimed the Fuel Tax Credit based on misleading social media advice, the #IRS urges you to consider filing an amended tax return to remove the credit. Learn more: https://ow.ly/QY8j50UZv5s Watch out for misleading tax advice on social media about the Fuel Tax Credit. Some scammers are tricking ineligible taxpayers into claiming the credit. Learn how to avoid this scheme: https://ow.ly/QY8j50UZv5s #IRS encourages you to use extra caution with the latest scams on social media, including those promising huge refunds by falsely claiming the Fuel Tax Credit. Stay alert: https://ow.ly/QY8j50UZv5s |
e-News subscriptions: The IRS offers several e-News subscriptions on a variety of tax topics. Subscribe to receive emails on important topics for small businesses, payroll professionals and tax professionals:
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