IRS
Get the latest news and insights on the Internal Revenue Services' tax laws, enforcement actions and related activities.
New FATCA Reporting Rules May Hit Visitors' U.S. Annuities
By Allison BellThe budget proposal could also trip up visitors who want U.S. cash-value life insurance.
March 30, 2022
Generation-Skipping Transfer Exemption Could Lose SuperpowersThe Biden administration wants to limit how long it can shield assets from taxes.
March 28, 2022
IRS Reminds Retirees of April 1 RMD DeadlineThis is the last day to begin receiving requirement minimum distribution payments from IRAs, 401(k)s and similar retirement plans.
March 25, 2022
12 States Where Clients Are Most at Risk of Identity TheftTax-related identity theft reports have soared 45% since before the pandemic, according to a financial services provider and FTC data.
March 24, 2022
Why Your Tax Refund May Be Bigger This YearRecent statistics show tax refunds for 2021 are running 13% higher than for 2020. Here's why.
March 22, 2022
12 States With the Lowest Taxes in AmericaWalletHub looked at four types of taxation: real estate taxes, vehicle property taxes, income taxs, and sales and excise taxes.
March 22, 2022
Ed Slott: More 'Insanity' Lurks in IRS Secure Act RMD RegsThe rules "go off the rails," he says, by forcing some beneficiaries to "monitor two sets of RMD factors well into their 90s!"
March 21, 2022
Money Received Via Crowdfunding May Be Taxable, IRS SaysMoney received by soliciting others to fund businesses or support charities could be taxable.