IRS
Get the latest news and insights on the Internal Revenue Services' tax laws, enforcement actions and related activities.
Ex-Advisor Sentenced to 4 Years in Prison for $4.7M Embezzlement
By Dinah Wisenberg BrinChristopher Turean used client funds to gamble and for a home equity loan, the Department of Justice said.
March 14, 2024
12 Biggest U.S. Life, Health and Retirement Tax Breaks: 2024This is where lawmakers look when they're hungry for revenue.
March 13, 2024
Credit Suisse Client in Tax Dodge Case Gets $15M BailDan Rotta, 77, was arrested Saturday in Miami and must remain under house arrest with electronic monitoring, a federal judge ruled.
March 12, 2024
IRS Launches Direct FileThe Treasury Department estimates that one-third of federal tax returns could be prepared using the pilot program.
March 12, 2024
More IRA Mistakes Clients MakeSome missteps are relatively easy to correct; others are more serious.
March 11, 2024
9 Things to Know About IRA Beneficiaries Under the Secure ActWhen it comes to inherited IRAs, different types of beneficiaries are subject to different withdrawal rules.
March 10, 2024
How Your Clients Get Taxed on Sold Life InsuranceIf the seller gets a good price, some of the proceeds may be taxable.
March 07, 2024
Billionaire, Corporate Tax Hikes Will Be Focus of State of the UnionBiden also wants Congress to pass a law reducing tax deductions for any company that pays an employee more than $1 million.