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.

The IRS is always on the lookout for tax returns that just don't make sense. Making these five errors can increase the ...

Specifically, on Jan. 15, 2025, they issued final regulations that would preclude IRS Appeals from entertaining taxpayer challenges to regulations, notices, and revenue procedures (IRS Guidance).

The U.S. Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) have released a notice of intent to propose regulations and ...

Danny Werfel, the commissioner of the Internal Revenue Service, will resign Monday, he told employees, as President-elect Donald Trump eyes a successor to undo much of President Joe Biden’s ...

The average American who hires a tax preparer to file even a simple return will spend upwards of $200, according to industry estimates. This year, however, taxpayers have more options than ...

Elon Musk, head of the chaos-causing Department of Government Efficiency, made an assertion this week that raised questions in some people’s minds about the status of the IRS Direct File program.

The Federal Aviation Administration said on Monday it is reversing a four-year-old decision to rename safety messages to ...

As tax season unfolds in the United States, many taxpayers eagerly await their refunds. However, a specific IRS notification ...

WASHINGTON (AP) — Billionaire tech mogul Elon Musk posted Monday on his social media site that he had “deleted” 18F, a government agency that worked on technology projects such as the IRS ...

Seventeen years after Congress enacted IRC Section 2801, the IRS (finally) released final regulations implementing the law on Jan. 10, 2025. It’s been a long wait. The regulations clarify (to a ...

In December 2023, the IRS issued Notice 2024-2, which included guidance on a number of SECURE 2.0 provisions, including Section 101’s automatic enrollment requirements. Notice 2024-2 clarified ...