IRS
Get the latest news and insights on the Internal Revenue Services' tax laws, enforcement actions and related activities.
Ed Slott: The IRA Conversation Advisors and Clients Must Have Now
By Melanie WaddellSlott talks to ThinkAdvisor about upcoming tax changes, Social Security's future and how to handle missed RMDs.
April 03, 2023
Watch Out When Using This Type of Trust: IRSThis kind of annuity trust can be misused by promoters, advisors and taxpayers trying to eliminate ordinary income and capital gains.
March 31, 2023
What the Latest IRS Ruling Means for TrustsTax experts say a new IRS Revenue Ruling could have a significant impact on wealthy clients using certain types of trusts.
March 29, 2023
Credit Suisse Still Aiding Tax Evasion by Ultra-Wealthy: Senate PanelThe committee uncovered "major violations" of the $2.6 billion plea deal Credit Suisse reached with the Justice Department in 2014.
March 22, 2023
IRS Seeks Feedback on Tax Treatment of NFTsThe agency is seeking comments on the treatment of NFTs as collectibles.
March 21, 2023
Ed Slott: Secure 2.0 Left Lots of Unanswered QuestionsAdvisors "will need to exercise caution with any interpretations" until Congress or the IRS provides answers, Slott says.
March 20, 2023
Ed Slott: New IRS Guidance Clarifies 2023 RMDsWarn clients who turn 72 this year that they might get an incorrect RMD notice, Slott advises.
March 10, 2023
Jury Finds 'Self-Styled' Advisor Guilty of $20M ScamDavid Allen Harbour spent client money on a private jet and a private Eagles concert, according to prosecutors.