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News Releases for Current Month

IRS increases enforcement action on Syndicated Conservation Easements

IR-2019-182, November 12, 2019 — The IRS announced today a significant increase in enforcement actions for syndicated conservation easement transactions, a priority compliance area for the agency.

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Get Ready for Taxes: Important things to know about tax credits

IR-2019-181, November 7, 2019 - With the tax filing season quickly approaching, the Internal Revenue Service recommends taxpayers take time now to determine if they are eligible for important tax credits.

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IRS provides tax inflation adjustments for tax year 2020

IR-2019-180, November 6, 2019 — The IRS today announced the tax year 2020 annual inflation adjustments for more than 60 tax provisions, including the tax rate schedules and other tax changes.

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401(k) contribution limit increases to $19,500 for 2020; catch-up limit rises to $6,500

IR-2019-179, November 6, 2019 — The Internal Revenue Service today announced that employees in 401(k) plans will be able to contribute up to $19,500 next year.

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News Release and Fact Sheet Archive

News releases and fact sheets from November 2002 forward and an archive of news releases and fact sheets in PDF format back to 1997.

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