January Update from Internal Revenue Service (IRS) for Business Owners

Please see the following newsletter from IRS for small business owners for January 2023.

►Hot Off the Press:

More news about 1099-K rules. Check here for continuing updates: Form 1099-K Frequently Asked Questions: General | Internal Revenue Service (irs.gov)
IR 2022-226 – IRS announces delay for implementation of $600 reporting threshold for third-party payment platforms’ Forms 1099-K
IR-2022-234 – IRS issues standard mileage rates for 2023; business use increases 3 cents per mile
IR-2022-231 – IRS releases frequently asked questions about clean vehicles credits for new, previously owned and commercial clean vehicles
IR-2022-225 – IRS releases frequently asked questions about energy efficient home improvements and residential clean energy property credits

►Upcoming Webinars and Events

No events scheduled for January 2023
Check out our latest webinars here: Webinars for Small Businesses
You can find recently recorded webinars here: IRS Video Portal
Workshops and Other Events in Spanish for Small Businesses: Talleres y Otros Eventos Para Pequeños Negocios

►New Tax Tips

Connect to the IRS social media and e-news subscriptions for tax time tips and resources English | Spanish
TIGTA Report – Backlogs of Tax Returns and Other Account Work Will Continue Into the 2023 Filing Season

► Cybersecurity and ID Theft News

Get An Identity Protection PIN (IP PIN) – The ‘Get an IP PIN’ application is scheduled to re-open on January 10, 2023.

► IRS YouTube Channel

►IRS.gov & Additional Resources

Bookmark IRS Operations During COVID-19: Mission-critical functions continue
Follow @IRSNews and @IRSsmallbiz for by-the-minute updates
Subscribe to e-News Subscriptions – IRS Tax Tips, IRS Newswire, IRS News in Spanish (Noticias del IRS en Español), e-News for Small Businesses, e-News for Exempt Organizations and more.
Forms and Publications Forms & Instructions | Internal Revenue Service (irs.gov)
Helpful links:
Where’s My Refund? (You will need your SSN/ITIN, Filing Status, Refund Amount from return)
Using a mobile device? Download the IRS2Go app – check refund status, make a payment, find free tax preparation assistance, sign up for helpful tax tips, and more! Available in English and Spanish.
Your Online Account (View stimulus payments, advance child tax credit payments, etc)