IRS
Get the latest news and insights on the Internal Revenue Services' tax laws, enforcement actions and related activities.
Elon Musk's Untaxed Wealth Is Helping to Finance His Twitter Buyout
By Laura Davison and Kaustuv BasuHe is borrowing against his highly appreciated Tesla shares to get cash without having to sell and pay taxes.
April 19, 2022
Ed Slott: IRS Secure Act Regs Are 'Final Nail in the Coffin' for IRAs in Estate Plans"RIP IRAs as a long-term planning vehicle," Slott tells ThinkAdvisor.
April 18, 2022
Backdoor Roth IRA Conversions: Beware the Pro Rata RuleMisunderstanding this rule is one of the biggest dangers clients face with backdoor Roths.
April 18, 2022
IRS: Here's Who Qualifies for a Tax ExtensionSome taxpayers automatically qualify, the IRS said Monday.
April 18, 2022
Treasury Blames Audit Imbalance on Underfunding of IRSA recent study found very low income households were nearly three times as likely to get audited in 2021 than wealthy households.
April 18, 2022
Taxpayers Get Crypto Jolt in Otherwise Shockingly Normal SeasonThere are now reporting requirements for purchases and sales of digital currencies and non-fungible tokens on individual returns.
April 15, 2022
IRS Provides Last-Minute Tax Filing TipsThe filing deadline, April 18, is also the deadline for Roth and traditional IRA contributions.
April 15, 2022
'Staggering' Crypto Seizures Have Cops Struggling to Keep UpCryptocurrencies made up 93% of assets confiscated by the Criminal Investigation Division of the IRS in the last fiscal year.