IRS
Get the latest news and insights on the Internal Revenue Services' tax laws, enforcement actions and related activities.
12 States With the Highest Taxes in America: 2022
By Michael S. FischerTaxpayers in the most tax-expensive states pay three times more than those in the cheapest states, according to WalletHub.
March 15, 2022
IRS Rules on an Estate That Inherited an IRAThe agency let the surviving spouse roll the IRA assets into another IRA without paying extra federal income taxes.
March 14, 2022
Top 10 Annuity Tax Bills in Play in Congress NowSome of these bills have the most precious superpower of all: both Republicans and Democrats as sponsors.
March 14, 2022
Ed Slott: New IRS Secure Act Regs Are an RMD 'Nightmare'"I really don't know how advisors will be able to explain this all to clients," Slott told ThinkAdvisor.
March 11, 2022
IRS' Secure Act Guidance on RMDs Has a Surprise TwistThe IRS has released long-awaited proposed regulations on inherited IRAs.
March 08, 2022
IRA Contributions for 2021 Can Be Made Until April 18: IRSContributions must be designated for 2021 to the financial institution, the IRS said.
March 04, 2022
Debate: Should Clients Use a Backdoor Roth IRA in 2022?Should high-income clients use this strategy while they can, or are they risking a tax headache in the future?
February 24, 2022
Identity Fraud and Theft Increased Ahead of Tax Season: ReportFraudulent creation of new credit and loan accounts rose 61% from 2020 to 2021, Allstate Identity Protection found.