IRS
Get the latest news and insights on the Internal Revenue Services' tax laws, enforcement actions and related activities.
8 Overlooked Tax Deductions and Credits
By Roger WohlnerThese breaks can go a long way toward helping clients reduce their tax liability as much as possible.
March 05, 2025
IRS Plans to Cut Thousands of Workers by MailThey came to work prepared for an email announcement. Due to a glitch, many never received it.
March 04, 2025
12 States Where the Top 1% Earn the MostThe richest Americans earned 3.4% less in 2022 than in 2021, newly released IRS data shows.
February 25, 2025
TaxStatus Unveils Financial Baseline Report Featuring Direct IRS DataThe product aims to help advisors make smarter decisions and streamline planning for better client outcomes.
February 20, 2025
IRS Plans to Lay Off Thousands: ReportWorkforce reductions could start any day now, according to The Associated Press.
February 19, 2025
This Secure 2.0 Quirk Could Stop High Earners’ Retirement Catch-Up ContributionsThe fact that employers aren’t required to offer Roth accounts could have a big unintended effect.
February 18, 2025
IRS Memo Sets Stage for Musk Staffer to Access Taxpayer DataThe IRS is poised to hand over unlimited access to taxpayer data to an advisor from Elon Musk's DOGE.
January 31, 2025
New Bill Would Revamp IRSThe legislation would make "common-sense fixes" to the agency, say Sens. Mike Crapo and Ron Wyden.