There have been many changes recently in the tax laws that affect retirement accounts and their associated required minimum distributions (RMDs). Specifically, the CARES Act enacted last spring waived ...
The rules governing mandatory withdrawals from tax-favored retirement accounts have seen many changes in the past twelve months. The Coronavirus Aid, Relief, and Economic Security (CARES) Act provided ...
The IRS has finished correcting millions of 2020 tax year returns—a process that resulted in the agency issuing 12 million tax refunds averaging $1,232 each, for a total of about $14.8 billion. The ...
WASHINGTON — The Internal Revenue Service estimates more than $1 billion in refunds remain unclaimed because people haven't filed their 2020 tax returns yet. So, this is your reminder to not leave ...
WASHINGTON — The IRS is warning taxpayers that they may be leaving more than $1 billion on the table. The federal tax collector said Monday that roughly 940,000 people in the U.S. have until May 17 to ...
The new per diem numbers are now out - a little earlier than normal. It’s important to note that they are not effective until October 1, 2020. These numbers are to be used for per diem allowances paid ...
WASHINGTON (AP) — The IRS is warning taxpayers that they may be leaving more than $1 billion on the table. The federal tax collector said Monday that roughly 940,000 people in the U.S. have until May ...