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The amount individuals can contribute to 401(k)s in 2025 has increased by $500 to $23,500, but the IRA limit remains $7,000.
November 1 -
After millions of tax IDs were exposed in the massive leak at National Public Data, clients will be at heightened risk for tax fraud and other financial abuse this tax season.
October 29TaxStatus -
Final regulations are also available for the Advanced Manufacturing Production Credit established by the Inflation Reduction Act.
October 25 -
The Internal Revenue Service issued its annual inflation adjustments for tax year 2025, including changes in the standard deduction, marginal rates, tax credits and more.
October 22 -
So far, around 150 federal disaster declarations have already been announced for 2024, involving 44 states, two territories, and half a dozen Native American tribes or bands.
October 18Wolters Kluwer Tax & Accounting -
The Internal Revenue Service issued final regulations on consistent basis reporting between an estate and a person acquiring property from a decedent.
September 17 -
The U.S. Government Accountability Office conducted a nearly four-year study. Here are the key findings from its exhaustive report.
September 11 -
The handoff of a company carries important tax implications alongside a plethora of succession challenges. Here's what financial advisors need to talk about with clients.
September 9 -
In the first half year of Inflation Reduction Act-funded enforcement, the Internal Revenue Service has recovered over $1.3 billion.
September 6 -
With football season now underway, the Internal Revenue Service's Criminal Investigation unit is urging taxpayers to play by the rules when it comes to sports betting.
September 6