News and Issues

Here you'll find items of current interest — new programs, recent guidance or timely reminders.Tax Updates and News From the IRS: Taxpayers face a number of issues due to critical tax law changes that took place in 2022 and ongoing challenges related to the pandemic. The IRS announced a major policy change that will end unannounced visits to taxpayers by agency revenue officers to reduce public confusion and increase overall safety. The change reverses a decades-long practice by IRS Revenue Officers, the unarmed agency employees whose duties included visiting households and businesses to collect unpaid taxes. Effective immediately, the unscheduled visits will end except in a few unique circumstances. more »

From President Biden: "One of my proudest achievements in life was writing and championing the landmark Violence Against Women Act some 30 years ago in the United States Senate. It began to change our culture, bringing these crimes out of the shadows and getting survivors the services and support they needed. Over the years, I worked with courageous advocates to keep expanding protections and boosting access to healing and justice. In 2022, I was proud to sign a reauthorization of the law, increasing investment in prosecution, prevention, and support for survivors of domestic violence, sexual assault, and stalking." BRIEFING ROOM more »

"Results from the 2021 SHED show substantial gender differences in the responses to the financial literacy questions, consistent with prior studies. We first present results for the half of respondents who received an explicit "don't know" answer choice. A smaller share of women answered each financial literacy question correctly. While women and men were similarly likely to select an incorrect answer, women were much more likely to select "don't know." For example, 63 percent of women selected "don't know" for the diversification question – 20 percentage points higher than the share of men who did so." more »

Ferida's Backyard: "As our communities become more urbanized, the natural features around us tend to get pushed into the background and often go unnoticed. In “Ferida’s Backyard,” I look at the details of nature locally, from a neighborhood perspective, frequently from a backyard vantage point. It excites me to share what I see. An awareness of the natural connection can beautifully enhance our lives. "I was moved when I looked at the leafless tree. It seemed to be reaching up to embrace the sky. It will be like that through the winter months, allowing us to see its inner strength before it covers its bareness with beautiful greenery in Spring." more »