IRS
Get the latest news and insights on the Internal Revenue Services' tax laws, enforcement actions and related activities.
The IRS Dirty Dozen: Beware of These 12 Tax Scams in 2025
By Michael S. FischerFrom texting scams to fake tax credits, there's a lot for advisors and clients to watch out for.
March 04, 2025
12 States Where the Top 1% Earn the MostThe richest Americans earned 3.4% less in 2022 than in 2021, newly released IRS data shows.
February 25, 2025
TaxStatus Unveils Financial Baseline Report Featuring Direct IRS DataThe product aims to help advisors make smarter decisions and streamline planning for better client outcomes.
February 20, 2025
IRS Plans to Lay Off Thousands: ReportWorkforce reductions could start any day now, according to The Associated Press.
February 19, 2025
This Secure 2.0 Quirk Could Stop High Earners’ Retirement Catch-Up ContributionsThe fact that employers aren’t required to offer Roth accounts could have a big unintended effect.
February 18, 2025
IRS Memo Sets Stage for Musk Staffer to Access Taxpayer DataThe IRS is poised to hand over unlimited access to taxpayer data to an advisor from Elon Musk's DOGE.
January 31, 2025
New Bill Would Revamp IRSThe legislation would make "common-sense fixes" to the agency, say Sens. Mike Crapo and Ron Wyden.
January 15, 2025
IRS Extends Tax Deadlines for California Wildfire VictimsAffected taxpayers have until Oct. 15 to file various federal individual and business tax returns and make payments.