IRS
Get the latest news and insights on the Internal Revenue Services' tax laws, enforcement actions and related activities.
10 New Tax Numbers for 2024, for Life and Health Pros
By Allison BellThe numbers for long-term care insurance premiums moved in a surprising direction.
November 07, 2023
Get Clients Ready for 2026 Tax Hikes NowTax liabilities for most Americans will likely rise when much of the Tax Cuts and Jobs Act expires.
November 07, 2023
IRA Rollovers and Taxes: What to Know as New DOL Fiduciary Rule LoomsUnderstanding tax implications of when moving money out of a 401(k) is crucial to giving advice in clients' best interest.
November 03, 2023
IRS Indefinitely Extends E-Signature AuthorizationThe acceptance of digital signatures on key documents continues "until more robust technical solutions are deployed."
November 01, 2023
IRS Raises 401(k), IRA Contribution Limits for 2024The agency just announced 2024 increases to a number of income ranges and limits tied to retirement accounts.
October 24, 2023
IRS Ruling Could Help Fee-Only Advisors Use Life InsuranceChad Nulty, a company executive, says getting the ruling shows Protective's commitment to the RIA market.
October 20, 2023
IRS Proposes Electric Car Tax Credits for Down PaymentsThe regulations, if finalized, would allow EV buyers to put the tax credit directly toward their purchase.
October 18, 2023
4 States to Test-Run IRS Free Filing Tool in 2024Taxpayer eligibility will be limited to those with relatively simple returns, the IRS says.