IRS
Get the latest news and insights on the Internal Revenue Services' tax laws, enforcement actions and related activities.
Biden Hopes to Tax 'Frozen Cash Value' Life Contracts
By Allison BellThe proposal could have a retroactive effect on some wealthy estate planning clients.
March 01, 2023
New House Data Privacy Bill Could Limit State Insurance Regulators' AuthorityInsurance groups want changes. An electronic privacy group hates the reliance on disclosures.
February 28, 2023
3 Annuity Rule Changes on IRI's New Wish ListMany IRI Blueprint provisions ended up in the Secure and Secure 2.0 acts. Now, there's more.
February 28, 2023
Supreme Court Limits Fines for Not Reporting Overseas AccountsA businessman living abroad argued that the law left unwitting taxpayers vulnerable to draconian fines.
February 24, 2023
Ex-Advisor Who Tried to Flee Prosecution Sentenced to 9 YearsSteven Xigoros of Massachusetts defrauded clients of more than $4.3 million and failed to pay taxes, prosecutors said.
February 24, 2023
The Murky Side of Tax-Loss HarvestingA recent ProPublica story raised questions on abuse of wash-sale rules. Here's what advisory pros think.
February 22, 2023
How Secure 2.0 Will Come Alive: Insights From a Treasury VeteranJ. Mark Iwry offers a peek into the Treasury Department's rulemaking machinery.
February 13, 2023
IRS Announces Interest Rates for Q2Interest rates will remain the same, according to the IRS.