Employee benefits

Heirs of IRAs and 401(k)s won't need to take annual distributions before cashing out within a decade of receiving the plans, the agency says.

President Joe Biden called on employers to use a tax credit to provide paid time off to workers to get vaccinated and for businesses to do more to boost the inoculation effort as the U.S. seeks to get shots in more arms.

The Big Four firm is encouraging employees to use their vacation days by actually paying them additional money to do it.

Concerned that tax rates and IRS bills may rise under Biden, wary advisors note that Roth plans are not just for younger investors.

A Biden proposal to change the tax deduction for contributions to a tax credit could have serious implications.

Delaying filing; inbox anxiety; a new voice; and other highlights from our favorite tax bloggers.

New guidance shows how employees and employers can carry over unused money from flexible spending accounts and dependent care assistance programs.

Your clients may have heard conflicting advice — they must change their IRA beneficiaries, spend down their IRA as soon as possible, dismantle their trust, or immediately convert their traditional IRA to a Roth IRA, Sophia Duffy writes.

One major difference between past audits and those of today are they are now being almost completely performed in a remote environment.

Our panel of experts have identified these 12 credits, deductions and more as worth particular attention this year.