The IRS issued Proposed Regulations last month which provide helpful clarity for employers on how to implement and comply with two new SECURE 2.0 provisions relating to catch-up contributions.
On January 7, 2025, the US Department of the Treasury (“Treasury”) and the Internal Revenue Service (“IRS”) issued final regulations (the ...
The U.S. Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) have released a notice of intent to propose regulations and ...
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February calendar for IRS refunds: direct payment or paper checksAs the IRS begins processing tax returns for the 2024 fiscal year, understanding the timeline and methods for filing can ...
There are three status updates which the taxpayer might see: “received return,” “refund approved,” or “refund sent.” If the ...
The budget resolution includes $3.3 trillion of net allowable deficit increases – from $4.8 trillion of deficit increases ...
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