News and resources about the Tax Cuts and Jobs Act and tax reform initiatives.
News Releases
2020
- IR-2020-53, Tax Time Guide: Tax Withholding Estimator helps retirees, workers and self-employed calculate taxes, fill out new Form W-4
- IR-2020-28, IRS, Treasury issue proposed regulations updating income tax withholding rules
- IR-2020-09, Improved Tax Withholding Estimator helps workers target the refund they want; shows how to fill out new 2020 W-4
Tax Tips
2020
- COVID Tax Tip 2020-101, Using the Tax Withholding Estimator will help taxpayers avoid surprises next year
Frequently asked questions
- Frequently asked questions on the 2020 Form W-4
- Estimated taxes for individuals frequently asked questions
- Withholding estimator frequently asked questions
- IRS withholding tables frequently asked questions
Fact sheets
Publications
- Publication 505, Tax Withholding and Estimated Tax
- Publication 5303, Paycheck Checkup PDF
- Publication 5360, Paycheck Checkup using the IRS Tax Withholding Estimator PDF
Forms
Statements
Tax Info to Share
Tax reform small business initiative
News releases
Tax tips
Frequently asked questions
- Additional first year depreciation deduction (Bonus)
- Tax Cuts and Jobs Act, Provision 11011, section 199A - Qualified business income deduction
- Employer credit for paid family and medical leave
Fact sheets
Publications
- Publication 15, (Circular E), Employer’s Tax Guide
- Publication 5327, New tax credit for employers who provide paid family and medical leave PDF
Guidance
YouTube videos
Webpages
Tax Cuts and Jobs Act: A comparison for businesses
The Tax Cuts and Jobs Act changed deductions, depreciation, expensing, tax credits and other tax items that affect businesses. This side-by-side comparison can help businesses understand the changes and plan accordingly.
News releases
- IR-2018-156, IRS offers guidance on recent 529 education savings plan changes
- IR-2018-139, Tax reform allows people with disabilities to put more money into ABLE accounts, expands eligibility for Saver’s Credit
- IR-2018-107, IRS grants relief for taxpayers affected by reduction of maximum deductible Health Savings Account contributions
Regulations
- REG-128246-18, Contribution Limits Applicable to ABLE Accounts
Tax tips
- Tax Reform Tax Tip 2018-136, Tax reform affects ABLE accounts, saver’s credit, 529 rollovers
Frequently asked questions
Publications
- Publication 590-B, Distributions from Individual Retirement Arrangements (IRAs)
- Publication 970, Tax Benefits for Education
Tax info to share
News releases
2019
2018
- IR-2018-210, IRS issues proposed regulations reducing potential income inclusions for certain domestic corporations that own stock in foreign corporations
- IR-2018-186, IRS issues proposed regulations on global intangible low-taxed income for U.S. shareholders
- IR-2018-158, IRS and Treasury issue proposed regulations implementing Section 965
- IR-2018-131, IRS offers penalty, filing relief to many subject to new transition tax on foreign earnings
- IR-2018-81, IRS issues guidance on withholding on the transfer of partnership interests by foreign persons
- IR-2018-79, IRS issues additional guidance on transition tax on foreign earnings
- IR-2018-53, IRS provides additional details on section 965, transition tax; Deadlines approach for some 2017 filers
- IR-2018-25, IRS issues guidance on changes in accounting periods related to the transition tax
- IR-2018-09, IRS issues additional guidance on transition tax on foreign earnings
2017
Frequently asked questions
- Questions and answers about tax year 2018 reporting and payments arising under section 965
- Questions and answers about reporting related to section 965 on 2017 tax returns
Notices
- Notice 2019-01, Previously Taxed Earnings and Profits Accounts
News releases
Tax tips
Frequently asked questions
- Frequently asked questions on the early release of the 2020 Form W-4
- State and local income tax frequently asked questions
Fact sheets
Forms
YouTube videos
Get ready
Tax info to share
Revenue procedures
- RP-2018-57, Inflation Adjustments
News releases
Tax tips
Guidance
Frequently asked questions
Tax Cuts and Jobs Act: A comparison for businesses
The Tax Cuts and Jobs Act changed deductions, depreciation, expensing, tax credits and other tax items that affect businesses. This side-by-side comparison can help businesses understand the changes and plan accordingly.
Training materials
Webinars
- Tax Reform Due Diligence Requirements
- Understanding Tax Reform Basics about Opportunity Zones
- Tax Reform Basics for the Qualified Business Income Deduction (199A)
- Tax Reform Basics for Employers
- Tax Reform Basics for Individuals and Families
- Tax Reform Basics for Small Businesses and Pass-Through Entities
YouTube videos