IRS
Get the latest news and insights on the Internal Revenue Services' tax laws, enforcement actions and related activities.
The Inflation Reduction Act's Impact on Your Client's Bottom Line
By Robert Bloink | William H. ByrnesThe act, being voted on Friday, would raise taxes on some corporations, reduce drug costs and tackle climate change.
August 09, 2022
IRS Gives 3-Year Extension on Secure, CARES Act AmendmentsIt's giving "retirement plan sponsors and IRA custodians more time to amend their documents," Ed Slott says.
August 08, 2022
2 Ways the Inflation Reduction Act Hits the WealthyTaxpayers earning over $400,000 will likely face more audits, according to Jeff Bush of The Washington Update.
July 28, 2022
Schumer-Manchin Deal May Raise Some Life Insurers' TaxesHere are H.R. 5376 highlights for life, health and annuity advisors.
July 22, 2022
Debate: Should Congress Renew Advance Payments of Child Tax Credits?Two professors discuss whether to resume the advance payments for the second half of 2022 and beyond.
July 13, 2022
Sen. Warren Floats Bill to 'Simplify' Tax FilingAmong other measures, the bill directs the IRS to develop a free, online tax preparation and filing service.
July 01, 2022
Ex-Broker Pleads Guilty to Bilking More Than 100 InvestorsRobert Louis Cirillo also admitted to filing tax returns that failed to report income from the scam, prosecutors said.
July 01, 2022
Why the Bipartisan Lankford-Bennet Bill Is Critical to Fixing America's Savings CrisisA Nationwide executive praises an addition to the EARN Act bill.