IRS
Get the latest news and insights on the Internal Revenue Services' tax laws, enforcement actions and related activities.
How to Opt Out of Inheriting an IRA
By Robert Bloink | William H. ByrnesBeneficiaries seeking to avoid gift and income tax consequences can execute a "qualified disclaimer" to decline the inheritance.
February 06, 2024
Long-Awaited Secure 2.0 RMD Guidance, and More, Expected This YearClarity on a number of retirement provisions could come soon, former Treasury official J. Mark Iwry tells ThinkAdvisor.
February 02, 2024
Debate: Has IRS Guidance Helped Make the Case for Emergency Savings Accounts?Under Secure 2.0, this optional feature can be added to defined contribution retirement plans.
February 02, 2024
Reimbursement Powers This Health Coverage SolutionICHRAs can both control employers' costs and offer employees the flexibility to choose their own insurance plans.
February 02, 2024
Why Life Insurance Assets Might Still Be Safe From CongressCarmi Margalit, S&P's life head, said cutting inside buildup looks ugly up close.
January 29, 2024
9 RMD Insights for Tax Season 2024Many retirement planning topics are complex, but the calculation and timing of required minimum distributions is particularly tricky.
January 25, 2024
IRS Issues Rollover Relief for Maryland Prepaid 529 PlanSome transfers from the plan, which had accounting issues, to another plan can be excluded from gross income.
January 22, 2024
Medicare's IRMAA: Avoiding Post-Retirement Sticker ShockFor some retiring clients, avoiding the surcharge could be as simple as filling out a form.