IRS
Get the latest news and insights on the Internal Revenue Services' tax laws, enforcement actions and related activities.
13 New Tax Numbers to Know for 2024
By John ManganaroThe newly released updates to brackets, estate exemptions and more reflect another year of persistent inflation.
November 09, 2023
IRS Announces Tax Inflation Adjustments for 2024The Internal Revenue Service just posted standard deductions and other adjustments for 60-plus 2024 tax provisions.
November 07, 2023
Get Clients Ready for 2026 Tax Hikes NowTax liabilities for most Americans will likely rise when much of the Tax Cuts and Jobs Act expires.
November 07, 2023
IRA Rollovers and Taxes: What to Know as New DOL Fiduciary Rule LoomsUnderstanding tax implications of when moving money out of a 401(k) is crucial to giving advice in clients' best interest.
November 03, 2023
IRS Indefinitely Extends E-Signature AuthorizationThe acceptance of digital signatures on key documents continues "until more robust technical solutions are deployed."
November 01, 2023
IRS Raises 401(k), IRA Contribution Limits for 2024The agency just announced 2024 increases to a number of income ranges and limits tied to retirement accounts.
October 24, 2023
IRS Ruling Could Help Fee-Only Advisors Use Life InsuranceChad Nulty, a company executive, says getting the ruling shows Protective's commitment to the RIA market.
October 20, 2023
IRS Proposes Electric Car Tax Credits for Down PaymentsThe regulations, if finalized, would allow EV buyers to put the tax credit directly toward their purchase.