IRS

A new tax form for 2022 returns that will be filed next year clarifies how investors should report digital assets.

More than 60 tax provisions are going up, according to Rev. Proc. 2022-38.

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.

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.

Some favorite techniques used by the wealthy in recent years aren't looking so good amid higher interest rates.

Federal investigators are uncovering billions of dollars in fraud tied to pandemic relief programs.

Taxpayers are concerned the extra $80 billion will lead to more tax audits.

Commissioner Rettig is promising not to use the nearly $80 billion his agency will be receiving to increase audits of small businesses or taxpayers who earn less than $400,000.

The wording has changed from "virtual currencies" to "digital assets" in general, and there are other changes too.

A look at the biggest regulations, legislation and court cases in the field from the first half of the year.