IRS
Get the latest news and insights on the Internal Revenue Services' tax laws, enforcement actions and related activities.
Insurance Advisors Market Advisors to Congress
By Allison BellPriorities include sales standards, Secure 2.0 and access to independent contractor status.
May 03, 2022
New IRS Mortality Tables Leave Out COVID-19The IRS is asking for advice about how to handle periods when "mortality improvement" did not happen.
April 26, 2022
Elon Musk's Untaxed Wealth Is Helping to Finance His Twitter BuyoutHe is borrowing against his highly appreciated Tesla shares to get cash without having to sell and pay taxes.
April 25, 2022
This Overlooked Strategy Helps Early Retirees Avoid IRA Withdrawal PenaltiesSEPPs can provide needed income before age 59 1/2, but advisors must consider the details carefully.
April 22, 2022
Here's How the IRS Can Monitor Clients' Offshore Life, Annuity ArrangementsThe GAO now has a list of tax forms and other data sources to help government agencies track the use of offshore life insurance arrangements.
April 19, 2022
Ed Slott: IRS Secure Act Regs Are 'Final Nail in the Coffin' for IRAs in Estate Plans"RIP IRAs as a long-term planning vehicle," Slott tells ThinkAdvisor.
April 18, 2022
Backdoor Roth IRA Conversions: Beware the Pro Rata RuleMisunderstanding this rule is one of the biggest dangers clients face with backdoor Roths.
April 18, 2022
IRS: Here's Who Qualifies for a Tax ExtensionSome taxpayers automatically qualify, the IRS said Monday.