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.

The Big Four accounting firm says it worked hard to preserve its workforce and continue providing competitive compensation and benefit packages.

An inside look at how RSM US is supporting its staff through the pandemic.

Private collection agencies that have contracted with the Internal Revenue Service to collect overdue tax debts have collected nearly $500 million since 2017, according to a new report, but that’s just a fraction of the over $30 billion owed.

What Congress, clients and others did this year, and how it will impact next year.

The Internal Revenue Service is beefing up its controls to safeguard against improper self-employed retirement deductions, according to a new report.

The new rules clarify deduction issues impacted by the Tax Cuts and Jobs Act.

The IRS clarifies certain sections of the SECURE Act.

The Big Four, other firms and related businesses were recognized for their generous paternal leave and supportive services.

Starting in January, the six-digit numbers will be available to everyone, not just those who have suffered from identity theft.

The Internal Revenue Service intends to start “masking” sensitive information to safeguard taxpayers against the threat of identity theft.