IRS Issues Warning to Millions of Retirees
Generally, those who are 73 and have given up working must make withdrawals from traditional IRA, SEP IRA, SIMPLE IRA and ...
Benefits Pro10h
IRS notice: Those 73+ must make required minimum withdrawals from 401(k)s by year-end
The IRS reminded account holders, and their beneficiaries, with employer-sponsored retirement plans and IRAs, of the upcoming ...
What Trump’s plan to replace the current IRS chief could mean for the agency
President-elect Donald Trump has named Billy Long, a former Republican congressman from Missouri, to head the Internal ...
Opinion
The Ellsworth American4hOpinion
Strengthen the IRS
The Internal Revenue Service is among the oldest bureaus in U.S. government. The nation’s first income tax was implemented in 1862 to bankroll the Civil War. It’s been a complicated ...
New Bedford tax preparer pleads guilty to filing false tax returns for fraudulent refunds
A New Bedford woman pleads guilty to stealing federal funds by filing false tax returns in order to obtain fraudulent tax ...
Accounting Today1d
IRS offers tax pros draft info security plan
A primer on WISPs from the Internal Revenue Service can get practitioners started on setting up this required plans.
JD Supra11h
Know Your Rights: Managing Exposure During Audits Through Legal Representation
Inflation Reduction Act (the “IRA”) allocated $80 billion in funding to the Internal Revenue Service (“IRS”), much of which ...
Orlando’s fastest-growing nonprofits increased revenue 70%
Fiscal-year 2023 was big for children's charitable nonprofits, according to an analysis of Internal Revenue Service Form 990s ...
The IRS has recovered $1.3 billion from rich American tax dodgers since the fall of 2023 — relieving a painful burden from ‘ordinary citizens’
It involved some detective work, too, as the IRS received third-party information — much of it through W-2s and 1099s — that ...