Thursday, June 12, 2025

IR-2025-67: IRS provides additional transition relief for brokers who are required to file information returns and backup withhold on certain digital asset sales

IRS Newswire

June 12, 2025

Issue Number: IR-2025-67

Inside This Issue

IRS provides additional transition relief for brokers who are required to file information returns and backup withhold on certain digital asset sales

IR-2025-67, June 12, 2025

WASHINGTON — The U.S. Department of the Treasury and the Internal Revenue Service today issued Notice 2025-33 extending and modifying the transition relief provided in Notice 2024-56 for brokers who are required to file Form 1099-DA, Digital Asset Proceeds From Broker Transactions to report certain digital asset sale and exchange transactions by customers.

Transition relief for brokers required to file Forms 1099-DA

In 2024, Treasury and IRS announced final regulations requiring brokers to report digital asset sale and exchange transactions on Form 1099-DA, furnish payee statements, and backup withhold on certain transactions beginning January 1, 2025. At the same time, the IRS announced in Notice 2024-56 transition relief from penalties related to information reporting and backup withholding tax liability required by these final regulations for transactions effected during 2025. Additionally, Notice 2024-56 also provided limited transition relief from backup withholding tax liability for transactions effected in 2026.

The IRS received and carefully considered comments from the public about the transition relief provided in Notice 2024-56 indicating that brokers needed more time to comply with the reporting requirements; today's notice addresses those comments.

Additional transition relief

Notice 2025-33 extends the transition relief from backup withholding tax liability and associated penalties for any broker that fails to withhold and pay the backup withholding tax for any digital asset sale or exchange transaction effected during calendar year 2026.

The notice also extends the limited transition relief from backup withholding tax liability for an additional year. Specifically, brokers will not be required to backup withhold for any digital asset sale or exchange transactions effected in 2027 for a customer (payee), if the broker submits that payee's name and tax identification number (TIN) to the IRS's TIN Matching Program and receives a response that the name and TIN combination matches IRS records. Additionally, relief is provided to brokers that fail to withhold and pay the full backup withholding tax due, if the failure is due to a decrease in the value of withheld digital assets in a sale of digital assets in return for different digital assets in 2027, and the broker immediately liquidates the withheld digital assets for cash.

This notice also provides additional transition relief for brokers for sales of digital assets effected during calendar year 2027 for certain customers that have not been previously classified by the broker as U.S. persons.

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Reminder to businesses: The employer-provided Childcare Tax Credit is worth up to $150,000

IRS Tax Tips

June 12, 2025

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Issue Number: Tax Tip 2025-39

Reminder to businesses: The employer-provided Childcare Tax Credit is worth up to $150,000

The employer-provided Childcare Tax Credit is an incentive for businesses to provide childcare services to their employees.

About the tax credit
This tax credit helps employers cover some costs for childcare resource and referral and for a qualified childcare facility. A qualified childcare facility is one that meets the requirements of all laws and regulations of the state or local government in which it's located.

The credit is worth up to $150,000 per year to offset 10% of qualified childcare resource and referral costs and 25% of qualified childcare facility costs.

Who is eligible
To be eligible for the credit, an employer must have paid or incurred qualified childcare costs during the tax year to provide childcare services to employees.

Qualified childcare costs are:

Costs associated with acquiring, constructing, rehabilitating or expanding property used as the taxpayer's qualified childcare facility.
Operating expenses paid by the business, including amounts paid to support childcare workers through training, scholarship programs and providing increased compensation to employees with higher levels of childcare training.
Qualified resource and referral costs which include amounts paid or incurred under a contract with a qualified childcare facility to provide childcare services to employees of the taxpayer.

How to claim the credit
Employers should complete Form 8882, Credit for Employer-Provided Childcare Facilities and Services to claim the credit. The credit is part of the general business credit subject to the carryback and carryforward rule. This means employers may carryback unused credit one year and then carryforward 20 years after the year of the credit. Taxpayers whose only source for the credit is from pass-through entities can report the credit directly on Form 3800, General Business Credit.

Businesses can find out more at the IRS employer-provided childcare credit page on IRS.gov including more information on claiming the credit and the requirements for qualified childcare expenditures and qualified childcare facilities.

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Wednesday, June 11, 2025

Consejo tributario del IRS 2025-38SP: Consejos de planificación tributaria durante todo el año para contribuyentes

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Consejos Tributarios del IRS

11 de junio del 2025

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Consejo tributario del IRS 2025-38SP

Consejos de planificación tributaria durante todo el año para contribuyentes

Aquí se presentan algunas cosas sencillas que los contribuyentes pueden hacer durante el año para que la próxima temporada de presentación de declaraciones de impuestos sea menos estresante.

Organice los documentos tributarios. Cree un sistema que mantenga toda la información importante junta. Los contribuyentes pueden usar un programa computarizado para sus documentos electrónicos o pueden guardar sus documentos impresos en fólderes claramente identificados. Deben agregar los documentos tributarios a sus archivos conforme los reciben. La organización de los documentos facilitará la preparación de la declaración de impuestos y puede ayudar a los contribuyentes a descubrir deducciones o créditos que hayan pasado por alto.

Identificar su estado civil. El estado civil de un contribuyente determina sus requisitos de declaración, la deducción estándar, su elegibilidad para ciertos créditos y la cantidad correcta de impuestos que debe pagar. Si más de un estado civil aplica a un contribuyente, puede obtener ayuda para elegir el mejor para su situación tributaria con el Asistente Tributario Interactivo del IRS, ¿Cuál es mi estado civil? (en inglés). Los cambios en la vida familiar (matrimonio, divorcio, nacimiento y fallecimiento) pueden afectar la situación tributaria de una persona, que incluyen su estado civil y la elegibilidad para ciertos créditos y deducciones tributarias.

Entienda el ingreso bruto ajustado (AGI, por sus siglas en inglés). El AGI y la tasa tributaria son factores importantes para calcular los impuestos. El AGI se refiere a los ingresos del contribuyente provenientes de todas las fuentes, menos cualquier ajuste. Generalmente, cuanto mayor sea el AGI de un contribuyente, mayor será su tasa tributaria y mayores serán los impuestos que pagará. La planificación tributaria puede incluir cambios durante el año que reduzcan el AGI del contribuyente.

Verifique la retención. Dado que los impuestos federales se pagan según se ganen, los contribuyentes deben pagar la mayor parte de sus impuestos mientras generan ingresos. Los contribuyentes deben verificar que retengan lo suficiente de su salario para cubrir sus impuestos adeudados, especialmente si su situación personal o financiera cambia durante el año. Para verificar su retención, pueden usar el Estimador de Retención de Impuestos. Si desean modificar su retención de impuestos, deben proporcionar a su empleador un Formulario W-4 actualizado.

Realice cambios de dirección y nombre. Los contribuyentes deben notificar al Servicio Postal de los Estados Unidos, a sus empleadores y al IRS sobre cualquier cambio de dirección. Para cambiar oficialmente su dirección postal ante el IRS, los contribuyentes deben completar el Formulario 8822, Cambio de dirección (en inglés), y enviarlo por correo a la dirección correcta de su área. Para obtener instrucciones detalladas, consulte la página 2 del formulario. Informe cualquier cambio de nombre a la Administración del Seguro Social. Realizar estos cambios lo antes posible facilitará la presentación de su declaración de impuestos.

Ahorre para la jubilación. Ahorrar para la jubilación también puede reducir el ingreso bruto ajustado (AGI) del contribuyente. Ciertas contribuciones a un plan de jubilación en el trabajo (en inglés) y a una cuenta IRA tradicional también pueden reducir los ingresos tributables.

Gracias por suscribirse a Consejos Tributarios en Español del IRS, un servicio de correo electrónico del IRS. Para obtener más información sobre los impuestos federales, por favor visite la página de internet IRS.gov.

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Tax Tip 2025-38: Year-round tax planning tips for taxpayers

IRS Tax Tips

June 11, 2025

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Issue Number: Tax Tip 2025-38

Year-round tax planning tips for taxpayers

Here are some simple things taxpayers can do throughout the year to make next filing season less stressful.

Organize tax records. Create a system that keeps all important information together. Taxpayers can use a software program for electronic recordkeeping or store paper documents in clearly labeled folders. They should add tax records to their files as they receive them. Organized records will make tax return preparation easier and may help taxpayers discover overlooked deductions or credits.

Identify filing status. A taxpayer's filing status determines their filing requirements, standard deduction, eligibility for certain credits and the correct amount of tax they should pay. If more than one filing status applies to a taxpayer, they can get help choosing the best one for their tax situation with the IRS's Interactive Tax Assistant, What is my filing status? Changes in family life — marriage, divorce, birth and death — may affect a person's tax situation, including their filing status and eligibility for certain tax credits and deductions.

Understand adjusted gross income (AGI). AGI and tax rate are important factors in figuring taxes. AGI is the taxpayer's income from all sources minus any adjustments. Generally, the higher a taxpayer's AGI, the higher their tax rate and the more tax they pay. Tax planning can include making changes during the year that lower a taxpayer's AGI.

Check withholding. Since federal taxes operate on a pay-as-you-go basis, taxpayers need to pay most of their tax as they earn income. Taxpayers should check that they're withholding enough from their pay to cover their taxes owed, especially if their personal or financial situations change during the year. To check withholding, taxpayers can use the IRS Tax Withholding Estimator. If they want to change their tax withholding, taxpayers should provide their employer with an updated Form W-4.

Make address and name changes. Taxpayers should notify the United States Postal Service, employers and the IRS of any address change. To officially change a mailing address with the IRS, taxpayers must compete Form 8822, Change of Address, and mail it to the correct address for their area. For detailed instructions, see page 2 of the form. Report any name change to the Social Security Administration. Making these changes as soon as possible will help make filing their tax return easier.

Save for retirement. Saving for retirement can also lower a taxpayer's AGI. Certain contributions to a retirement plan at work and to a traditional IRA may also reduce taxable income.

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Tuesday, June 10, 2025

IR-2025-65SP: Recordatorio del IRS: fecha límite para pago de impuestos estimados del segundo trimestre es el 16 de junio

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Consejos Tributarios del IRS

7 de junio de 2025

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Noticias en Español

Consejos Tributarios del Cuidado de Salud

Oficina de Prensa

Fraudes Tributarios

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Centro Multimediático

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Edición Número: IR-2025-65SP

En Esta Edición

Recordatorio del IRS: fecha límite para pago de impuestos estimados del segundo trimestre es el 16 de junio

WASHINGTON — El Servicio de Impuestos Internos les recordó hoy a los contribuyentes que el pago de impuestos estimados del segundo trimestre de 2025 vence el lunes, 16 de junio.

Los contribuyentes que reciben ingresos no sujetos a retención, tales como ingresos de trabajo por cuenta propia, trabajo de economía compartida, intereses, dividendos, ganancias de capital, alquiler o ingresos 1099, pueden necesitar hacer pagos de impuestos estimados durante todo el año. Esto incluye trabajadores independientes, jubilados, inversionistas, empresas y corporaciones.

¿Por qué es importante?

Pagar a tiempo ayuda a los contribuyentes a evitar atrasarse en sus impuestos y posibles multas por pago insuficiente.

¿Quién necesita pagar impuestos estimados?

Contribuyentes, incluyendo propietarios únicos, socios y accionistas de corporaciones S, que esperan tener una obligación tributaria de al menos $1,000 para el año.
Corporaciones que esperan deber impuestos de $500 o más. Vea la Publicación 542, Corporaciones (en inglés).
Individuos que obtienen ingresos de trabajo de economía compartida, trabajo independiente o de ventas de bienes y servicios, incluso si reciben un Formulario 1099-K. Los destinatarios del Formulario 1099-K, Transacciones con tarjetas de pago y de redes de pagos a terceros (en inglés) deben usarlo junto con otros registros tributarios para reportar ingresos.

Cómo pagar

El pago electrónico es la manera más segura, rápida y fácil de pagar. Los contribuyentes pueden usar:

La Cuenta en Línea del IRS, Pago Directo con una cuenta bancaria o de ahorros, tarjeta de crédito/débito o billetera digital. Los procesadores de pagos pueden cobrar una tarifa si se paga con tarjeta de crédito/débito.
El Sistema Electrónico de Pago de Impuestos Federales (EFTPS).
Un cheque o giro postal a nombre de "United States Treasury" junto con el Formulario 1040-ES.
La aplicación IRS2Go.

Las corporaciones deben usar transferencia electrónica de fondos, usualmente EFTPS, para hacer todos los depósitos de impuestos federales incluyendo pagos a plazos de impuestos estimados.

Para más información acerca de pagos visite Realice un pago de impuestos.

¿Necesita asistencia adicional?

Obtenga detalles, hojas de trabajo y ayuda de cálculo en Impuestos estimados.

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Monday, June 9, 2025

IR-2025-66: IRS has options to help taxpayers who missed the filing deadline

IRS Newswire

June 9, 2025

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Issue Number: IR-2025-66

Inside This Issue

IRS has options to help taxpayers who missed the filing deadline

IR-2025-66, June 9, 2025

WASHINGTON — The Internal Revenue Service today highlighted several resources to help taxpayers who missed the April 2025 federal income tax return filing deadline and owe taxes, interest and penalties.

Taxpayers who owe taxes should file their tax return and pay as soon as they can. Interest and penalties will continue to accrue on the owed taxes until the balance is paid in full. Even if a taxpayer cannot afford to immediately pay the full amount of taxes owed, they should still file a tax return and pay as much as possible.

Online payment options

Individuals can pay taxes owed securely through IRS Online Account, IRS Direct Pay, The Electronic Federal Tax Payment System (EFTPS), debit/credit card or digital wallet. Taxpayers may also apply online for a payment plan, including installment agreements.

Those who pay electronically get immediate confirmation after submitting payment. Direct Pay and the EFTPS allow taxpayers to receive payment email notifications. For additional payment information visit Make a Payment.

Having trouble paying? IRS has options to help

Taxpayers that are unable to pay in full by the tax deadline should still file their tax return, pay what they can and explore a variety of payment options available for the remaining balance. The IRS offers Help for Those with Tax Debt, including Applying Online for a Payment Plan. Taxpayers can receive an immediate response of payment plan acceptance or denial without having to call or write the IRS to check their application status.

Online payment plan options include:

Short-term payment plan – The total balance owed is less than $100,000 in combined tax, penalties and interest. Additional time of up to 180 days to pay the balance in full.
Long-term payment plan – The total balance owed is less than $50,000 in combined tax, penalties and interest. Pay in monthly payments for up to 72 months. Payments may be set up using direct debit (automatic bank withdraw), which eliminates the need to send in a payment each month, saving postage costs and reducing the chance of default.

Though interest and late-payment penalties continue to accrue on any unpaid taxes after April 15, the failure to pay penalty is cut in half while an installment agreement is in effect. Visit Additional Information on Payment Plans for details on payment plan costs and benefits.

Requesting penalty relief

When taxpayers receive a penalty notice from the IRS, they should read it carefully and follow the instructions for requesting relief. Taxpayers who have filed and paid their taxes on time and have not been assessed any penalties for the past three years, generally qualify to have the penalty abated. Visit Administrative Penalty Relief to learn more about first time penalty relief and other administrative waivers.

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