<BR>
For the full list of Wealth Magnets,
Note: Data for firm marked with a dagger is supplied by
A phish, a mill and a stroll overseas are just three of the 12 major scams the Internal Revenue Service for this year's rogues gallery.
The process of becoming a remote partner isn't much different from the traditional path — but it may take a little extra effort.
The Internal Revenue Service is extending tax relief on required minimum distributions from inherited retirement accounts not made in 2024 after providing similar relief in recent years.
Internal Revenue Service commissioner Danny Werfel testified at a hearing of the Senate Finance Committee to discuss this past tax season and the proposed budget for carrying out the agency's future plans.
A set of frequently asked questions from the IRS says the benefit can be excluded from income.
A recent poll from Rightworks has found that 73% of accountants are not using AI and 35% have no plans to do so in the future.