IRS
Get the latest news and insights on the Internal Revenue Services' tax laws, enforcement actions and related activities.
No More Waivers: IRA Beneficiaries Must Take RMDs in 2025
By Robert Bloink and William H. ByrnesThe IRS has been clear that additional taxpayer relief will not be forthcoming around these distributions.
November 04, 2024
American College Opens Enrollment for New Tax CertificationThousands of advisors on the waiting list are able to sign up for the three-course program, says professor Jeff Levine.
November 04, 2024
5 Steps to Prepare for Post-Election Tax ChangesAdvisors taking a proactive stance can help clients in working toward protecting their wealth amid political uncertainty.
October 29, 2024
15 States Where the Most Estate Taxes Were Paid in 2022More than 8,000 individuals filed estate tax returns, with gross estates totaling $259.6 billion, according to newly released data.
October 25, 2024
Intelliflo Redblack Adds Wash Sale Alert ToolNew capabilities are designed to help financial advisors ensure compliance with IRS wash sale rules.
October 22, 2024
IRS Clarifies When Retirement Plan Overpayments Can Be Rolled OverThe guidance allows "plans to refrain from going after innocent retirees who received too much," J. Mark Iwry says.
October 22, 2024
IRS Reveals New Tax Rates, Deductions for 2025The tax year 2025 adjustments generally apply to income tax returns to be filed starting tax season 2026.
October 18, 2024
Clients Can Tap Their 401(k) After a Disaster. Here's What to Know.The Secure Act made significant changes with respect to disaster-related distributions from retirement accounts.