Get IRS Publication 4134(SP) 2023-2024

2023 tax inflation adjustments – The IRS announced the tax year 2023 annual inflation adjustments for more than 60 tax provisions, including the tax rate schedules and other tax changes. Revenue Procedure 2022-38 provides details about these annual adjustments.

About LITC In order to qualify for assistance from an LITC, generally a taxpayer's income must be below a certain threshold, and the amount in dispute with the IRS is usually less than $50,000.

Apply online through the Online Payment Agreement tool or apply by phone or by mail by submitting Form 9465, Installment Agreement Request.

IRS announces sweeping effort to restore fairness to tax system with Inflation Reduction Act funding; new compliance efforts focused on increasing scrutiny on high-income, partnerships, corporations and promoters abusing tax rules on the books.

The application period runs from March 7, 2023, through April 18, 2023. Due to the Consolidated Appropriations Act, 2023, the LITC Program Office has more funding for fiscal year 2023, and the maximum amount of an award an organization can receive for year 2023 has been increased from $100,000 to $200,000.

Information about the Volunteer Income Tax Assistance (VITA) grant program, how to apply, locating volunteer opportunities or sites in your local area or if your organization received notice of a grant award can be found below. In addition, the current grant recipients listing is also included.

On Sept. 20, 2023, the IRS announced the creation of a new pass-through group with the sole purpose of targeting the top 1% of income earners. This new move could represent a significant shift in the way that taxes are collected, and may have far-reaching implications for the wealthy class.

IRS Publication 4134, Low Income Taxpayer Clinic List, provides information about LITCs by geographic area, including contact information and details about the languages, in addition to English, in which each LITC offers services.