IRS
Get the latest news and insights on the Internal Revenue Services' tax laws, enforcement actions and related activities.
Retirement Experts: Don't Let Clickbait Headlines Sink the 401(k)
By John ManganaroTo argue that the U.S. should simply do away with workplace retirement plans is absurd and irresponsible, experts say.
February 20, 2024
IRS Collected $500M From Wealthy Tax CheatsThe agency also wants to boost in-person assistance this filing season, Commissioner Danny Werfel said.
February 16, 2024
Comments Close on IRS' Excise Tax Plan for Donor-Advised FundsThe proposed rule is intended to prevent misuse of DAFs by enforcing excise taxes on non-charitable distributions.
February 14, 2024
IRS Sets Saturday Office HoursFunding to expand the availability of taxpayer assistance centers comes from the Inflation Reduction Act.
February 14, 2024
Goods, Services and You: Get Ready for New IRS Reporting Rules in 2024Millions of taxpayers who generate income via online platforms may be receiving Form 1099-K for the first time.
February 14, 2024
10 Things to Know About Estate Planning for Cross-Border CouplesWhen one spouse is a noncitizen, the couple's heirs could be in for a big tax surprise.
February 13, 2024
Mastering the Art of Life Insurance Settlements and Taxation in 2024Here's a guide to how selling policies affects clients' taxes.
February 08, 2024
How to Opt Out of Inheriting an IRABeneficiaries seeking to avoid gift and income tax consequences can execute a "qualified disclaimer" to decline the inheritance.