IRS
Get the latest news and insights on the Internal Revenue Services' tax laws, enforcement actions and related activities.
How Secure 2.0 Expands Retirement Plan Hardship Withdrawals
By Robert Bloink | William H. ByrnesThese new changes can offer an important source of liquidity for your clients in the face of unforeseen emergencies.
January 12, 2023
Tax Filing Season Starts Jan. 23: IRSApril 18 will be the filing deadline to submit 2022 tax returns for most taxpayers.
January 11, 2023
The IRS Needs Billions to Make TrillionsUnderfunding the Internal Revenue Service allows scofflaws to go unpunished and will increase the budget deficit.
January 11, 2023
Taxpayer Service Expected to Improve in 2023, IRS SaysThe IRS faces "a difficult balancing act with its current resources," Taxpayer Advocate Erin Collins tells lawmakers.
January 11, 2023
Secure 2.0 Is Here, but Expect a Slow RolloutSome of the changes mandated in the law may take years to materialize — if they ever do.
January 11, 2023
House Votes to Strip IRS Funds Intended to Catch Tax CheatsThe provisions call for $80 billion to be spent to boost auditing, customer service and computer systems.
January 10, 2023
Former Broker Pleads Guilty to Filing False Tax ReturnThe ex-broker filed individual income tax returns omitting installment payments related to the sale of his advisory firm.
January 06, 2023
Jeff Levine Answers Secure 2.0 Tax Questions From AdvisorsThe CPA and financial planner addressed Roth contributions, RMDs and 529 plan rollovers.