Issue Number: IR-2011-104 Inside This Issue WASHINGTON — For tax year 2012, personal exemptions and standard deductions will rise and tax brackets will widen due to inflation, the Internal Revenue Service announced today. By law, the dollar amounts for a variety of tax prov...Click here for more
Archive for the ‘2012 Tax Season’ Category.
Issue Number: IR-2011-103 Inside This Issue WASHINGTON — The Internal Revenue Service today announced cost of living adjustments affecting dollar limitations for pension plans and other retirement-related items for Tax Year 2012. In general, many of the pension plan limitation...Click here for more
IRS Plans Jan. 30 Tax Season Opening For 1040 Filers Following the January tax law changes made by Congress under the American Taxpayer Relief Act (ATRA), the Internal Revenue Service announced today it plans to open the 2013 filing season and begin processing individual income tax returns...Click here for more
Treasury Reporting Rates of Exchange has been posted to the Financial Management Service: December 31, 2012
Treasury Reporting Rates of Exchange as of December 31, 2012 Country-Currency Foreign Currency to $1.00 AFGHANISTAN - AFGHANI 51.8000 ALBANIA - LEK 105.6500 ALGERIA - DINAR 77.8130 ANGOLA - KWANZA 95.0000 ANTIGUA - BARBUDA - E. CARIBBEAN DOLLAR 2.7000 ARGENTINA-PESO 4...Click here for more
Issue Number: IRS Summertime Tax Tip 2012-25 Inside This Issue Back-to-School Tips for Students and Parents Paying College Expenses Whether you’re a recent high school graduate going to college for the first time or a returning student, it will soon be time to head to campu...Click here for more
Issue Number: IR-2011-116 Inside This Issue IRS Announces 2012 Standard Mileage Rates, Most Rates Are the Same as in July WASHINGTON — The Internal Revenue Service today issued the 2012 optional standard mileage rates used to calculate the deductible costs of operating an a...Click here for more