IRS Updates
Stay on top of the most recent information from the IRS that can impact your clients.
Debate: Did the IRS Get It Right on Secure Act RMD Rules?
By Robert Bloink | William H. ByrnesTwo professors share their opinions on the IRS' surprising interpretation.
April 18, 2022
IRS: Here's Who Qualifies for a Tax ExtensionSome taxpayers automatically qualify, the IRS said Monday.
April 18, 2022
Treasury Blames Audit Imbalance on Underfunding of IRSA recent study found very low income households were nearly three times as likely to get audited in 2021 than wealthy households.
April 18, 2022
Taxpayers Get Crypto Jolt in Otherwise Shockingly Normal SeasonThere are now reporting requirements for purchases and sales of digital currencies and non-fungible tokens on individual returns.
April 15, 2022
IRS Provides Last-Minute Tax Filing TipsThe filing deadline, April 18, is also the deadline for Roth and traditional IRA contributions.
April 15, 2022
Debate: Are the New RMD Regs for Successor Beneficiaries Too Complex?Two professors discuss the challenge and practicality of proposed rules on when these beneficiaries must empty IRAs.
April 13, 2022
7 Tax Refund Myths, Busted: IRSDon't let your clients fall for these myths that may be circulating on social media.
April 12, 2022
IRS Warns on Opportunity Zone Fund FilingsTaxpayers who may need to take additional actions should begin receiving letters in the mail this month.