IRS
Get the latest news and insights on the Internal Revenue Services' tax laws, enforcement actions and related activities.
IRS Readies for Tax Time
By Melanie WaddellGuidance on the Secure Act and new identity theft protection measures unveiled as tax filing season gets underway.
February 12, 2020
IRS Shows How the TCJA Life Policy Sale Tax Rules Might Really WorkOne sample shows a consumer's taxable income from a policy sale going to zero, from $19,750.
February 11, 2020
IRS Floats Updates to Income Tax Withholding RulesThe proposed regulations reflect changes tied to the 2017 tax overhaul and other legislation.
February 05, 2020
IRS Needs a Major Tech Overhaul, Groups SayTax professionals have some suggestions for the IRS' upcoming reorganization.
February 03, 2020
IRS Offers Older Taxpayers a Senior-Friendly Form 1040Form 1040-SR is easier to read and allows income reporting from sources common to seniors.
February 03, 2020
IRS to Send 12 Teams Out to Audit Micro CaptivesThe teams could look at 'several thousand' insurance arrangements.
January 31, 2020
Health Premium Tax Credit Spending Rises Sharply: IRSThe end of the cost-sharing reduction subsidy program may have increased ACA tax credit spending.
January 27, 2020
IRS Issues Guidance Amid Secure Act RMD ConfusionSome financial institutions sent incorrect notices about RMDs. Here's what to tell your clients, according to Ed Slott.