IRS Updates
Stay on top of the most recent information from the IRS that can impact your clients.
Wealthiest Americans Feel Relief as Tax Hikes Are Canceled for Now
By Ben StevermanManchin's vote against Biden's economic plan means rich Americans escape tax hikes, saving hundreds of billions of dollars over the next decade.
December 16, 2021
Misreported Crypto Gains? Fix Mistakes Before It's Too LateAdvisors should be on alert and take the time to catch up now, before the IRS toughens enforcement.
December 14, 2021
Debate: Should Congress Raise the SALT Cap?Professors Robert Bloink and William H. Byrnes discuss whether the House or Senate tax cap proposal would serve Americans better.
November 19, 2021
How Advisors Can Keep Up With Tax Changes: Jeff LevineThe CPA and planner is widely followed for his breakdowns of crucial tax and retirement legislation. He told us how he does it.
November 10, 2021
10 New Tax Numbers to Know for 2022The IRS just released inflation adjustments for more than 60 tax provisions, including estate and gift tax exemptions and standard deductions.
November 04, 2021
IRS Posts 401(k), IRA Limits for 2022Next year, the tax authority will boost some contribution limits but not all of them.
October 19, 2021
SEC Would Get $74M Funding Boost Under Senate BillUnder the financial services bill, the IRS would get a more than $1.6 billion boost to go after wealthy tax cheats.
October 05, 2021
New IRS Guidance Offers Tax Windfall to Employers With Part-Time WorkersThe employee retention tax credit can provide a powerful tax break for small-business clients that rely heavily on part-time workers.