IRS
Get the latest news and insights on the Internal Revenue Services' tax laws, enforcement actions and related activities.
Supreme Court Limits Fines for Not Reporting Overseas Accounts
By Greg StohrA businessman living abroad argued that the law left unwitting taxpayers vulnerable to draconian fines.
February 22, 2023
How Secure 2.0 Will Come Alive: Insights From a Treasury VeteranJ. Mark Iwry offers a peek into the Treasury Department's rulemaking machinery.
February 13, 2023
IRS Announces Interest Rates for Q2Interest rates will remain the same, according to the IRS.
February 13, 2023
How Taxation of Life Settlement Proceeds Works NowThe size of the tax bill depends partly on the health status of the client.
February 09, 2023
Calls Grow for IRS to Address Secure 2.0 Error Threatening Catch-Up ContributionsRetirement industry groups say the IRS should issue temporary clarifying guidance as Congress might not act quickly enough.
February 09, 2023
12 Federal Budget Cut Ideas That Could Hit Retirement Savers HardLawmakers could use some of these items to offset the cost of spending and tax break proposals.
February 07, 2023
Biden Will Call for Billionaire Tax, Bigger Levy on Stock BuybacksThese proposals will be highlighted by the president tonight in his State of the Union address.
February 06, 2023
Secure 2.0 Can Make Clients' Retirement Plans StrongerExplaining change can create sales opportunities.