The IRS just dropped a raft of changes, big and small, to the U.S. tax code that could shift how much you owe — or save — in 2025. From bigger deductions to higher limits on health-related savings ...

The IRS released its updated contribution limits and adjustments to eligibility thresholds for 401(k) plans, IRAs and other ...

The IRS issued Revenue Ruling 2023-2, which had a substantial impact on estate planning, particularly where an irrevocable ...

Maryland has paid $5.4 million to the Internal Revenue Service after a rare IRS audit of the state found it owed millions of ...

The Internal Revenue Service (IRS) has announced an increase in the contribution limits for various retirement savings plans for the year 2025, marking a continued effort to enhance ...

The IRS on Monday released final rules regarding the sale of a taxpayer’s property that the agency had seized by levy.

The IRS announcement comes roughly one week after the agency unveiled dozens of inflation adjustments for 2025, ...

David Leeper is a no-nonsense board-certified federal tax attorney with 45 years of experience in dealing with the Internal Revenue Service administratively and in litigation.

Image by PublicDomainPictures from Pixabay November 4, 2024 - WASHINGTON — The Internal Revenue Service has announced that ...

The IRS has announced an increase to the amount individuals can contribute to their 401(k) plans in 2025, to $23,500, up from ...

Effective: January 1, 2025 The IRS has released the 2025 cost-of-living adjustments applicable to the dollar limitations on ...

The Internal Revenue Service on Friday announced the 2025 contribution limits for 401(k) and Individual Retirement ...