IRS
Get the latest news and insights on the Internal Revenue Services' tax laws, enforcement actions and related activities.
Debate: Should States Offer a SALT Cap Workaround?
By Robert Bloink | William H. ByrnesOur tax experts discuss states using pass-through entity taxes to get around the SALT cap.
May 28, 2023
Biden, McCarthy Forge Debt Deal in Bid to Avert DefaultThe deal would clawback funding for IRS agents and speed up some energy project environmental reviews, according to a GOP summary.
May 25, 2023
New Bipartisan Bill Could Help Tax Extension FilersClients could stay on good terms with the IRS by paying 125% of what they paid the previous year.
May 23, 2023
Ed Slott: The IRA Conversation Advisors and Clients Must Have NowSlott talks to ThinkAdvisor about upcoming tax changes, Social Security's future and how to handle missed RMDs.
April 12, 2023
Don't Forget These Last-Minute Tax Tips: Advisors' AdviceThe tax filing deadline is rapidly approaching, but it's not too late to help your clients.
April 04, 2023
Life Settlement Taxes and 1099sOne policy sale may lead to calculations involving three different tax rates.
April 03, 2023
Watch Out When Using This Type of Trust: IRSThis kind of annuity trust can be misused by promoters, advisors and taxpayers trying to eliminate ordinary income and capital gains.
March 31, 2023
What the Latest IRS Ruling Means for TrustsTax experts say a new IRS Revenue Ruling could have a significant impact on wealthy clients using certain types of trusts.