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An IRS proposal has spawned confusion about whether non-spousal heirs to Roth plans need to take RMDs before draining the accounts after 10 years.
October 18 -
An extra $80 billion over 10 years will have major repercussions — though not necessarily the expected ones.
October 18
Wolters Kluwer Tax & Accounting -
Nonprofit organizations lose an estimated 5% of their revenue each year to fraud.
October 17 -
The Internal Revenue Service is sending out letters this week to more than 9 million potentially eligible families who didn't previously claim economic impact payments or tax credits.
October 13 -
The transition period has now been extended through Jan. 10, 2024 in which taxpayers are afforded a full 45 days to perfect a R&D tax credit claim for refund.
October 13
Sax LLP -
The service posted drafts of the upcoming Schedule UTP form and instructions in an effort to improve the forms' usefulness.
October 12 -
PPP misrepresentation; rebuilding clients' basis; what you're doing wrong; and other highlights from our favorite tax bloggers.
October 11
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Beneficiaries won't get hit with a 50% penalty for not making withdrawals in 2021 and 2022 — an unexpected move by the IRS. But questions still remain.
October 10 -
While it's true that many companies qualify for the employee retention tax credit, there is significant concern about abuse and fraud.
October 7
KBKG -
The Internal Revenue Service's streamlined application process for tax-exempt status could be allowing corrupt charities to claim exemptions before the IRS has enough information.
October 6 -
The Criminal Investigation unit in Mexico City helped locate 79 criminals in Mexico, Belize, El Salvador, Guatemala and Honduras in the past fiscal year.
October 6 -
Million-dollar baseballs are raining down on fans like pennies from heaven, and the taxman isn't far behind.
October 6 -
The request for comments is part of the Treasury Department's effort to fast-track the rules from the Inflation Reduction Act.
October 5 -
Five current or former Internal Revenue Service employees allegedly submitted false and fraudulent loan applications that collectively sought over $1 million.
October 5 -
The government is requesting responses on implementing the Inflation Reduction Act's climate proposals by Nov. 4 or sooner.
October 5 -
Two revisions hope to clarify how taxpayers can meet with Appeals, and give them more contacts at the service.
October 5 -
The money supports programs that help the elderly, the poor and others file their taxes.
October 5 -
The inspector general said that the service was running inadequate security scans on its databases, which were not compliant with policies.
October 4 -
The High Court considers taxes; a new perspective on cyber attacks; how to answer the phone; and other highlights from our favorite tax bloggers.
October 4
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The Internal Revenue Service is updating its login procedures for several of its online applications to improve their security.
October 3
















