Tax

The agency and the Treasury Department two-year reprieve gives retirement advisors time to prepare — and a preview of upcoming guidance about Secure 2.0.

The IRS and the Treasury issued guidance on some of the requirements for claiming credits under the Inflation Reduction Act.

New Zealand will introduce legislation this week that enables a digital services tax on large multinational companies, though the levy won't be imposed until 2025.

The Internal Revenue Service correctly calculated the allowable Recovery Rebate Credit for the vast majority of 2021 tax returns, but some erroneous payments were made, according to a new report.

For overpayments and underpayments, the rate will be 8% per year.

Five experts helped FP compile a big list of potential deductions and strategies surrounding retirement plans and business entity structures.

The Internal Revenue Service is giving people until 2026 to comply with a new requirement for Roth catch-up contributions.

Two Republican lawmakers are asking the Internal Revenue Service to explain what happened to microfilm cartridges filled with years' worth of taxpayer data that appear to have vanished.

Tax professionals may be unaware of the potential benefits that can be gained by partnering with a wealth manager.

The proposed regulations offer clarity on reporting rules enacted in 2021 to curb crypto-related tax evasion.