Latest
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IRS Shakeup? What Trump's Commissioner Pick Could Mean for Taxes
IRS An unconventional nominee comes amid broader efforts to reshape the IRS and tax policy in 2025.
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IRS Could Lose Another $20 Billion in Funding
IRS A mistake in legislative language could soon risk the tax agency's Inflation Reduction Act funding.
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529 to Roth IRA: Should You Rollover Unused Funds Before Year-End?
Thanks to the SECURE 2.0 Act, you can roll over funds from your 529 into a Roth IRA, as long as certain conditions are met.
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Will Elon Musk Crack Down on IRS Tax Cheats Who Owe $50 Million?
IRS IRS employees are required to pay their taxes on time, but thousands slipped through the cracks.
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How Inflation Impacts Your Taxes
Inflation The impact of inflation on federal income tax brackets and some other tax credits might not be all bad.
Inflation -
The 10-Year Rule for Inherited IRAs
Kiplinger Tax Letter The IRS’ interpretation of the 10-year clean-out rule on inherited IRAs can be complicated.
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Year-end Tax Planning Can Protect You From a Big Tax Bill
Tax Letter With a short time left before 2024 comes to a close, year-end tax planning is all-important. Here are some areas to focus on.
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Two Consequential Tax Cases You May Not Have Heard About
The Supreme Court's decisions in these cases create uncertainty about challenging IRS regulations and guidance. Expect more litigation to follow.
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Backdoor Roth IRAs: Good for Wealthy Retirees?
Financial Planning A backdoor Roth IRA is a tax loophole that enables wealthier individuals to earn tax-free income. But it's complicated, and how long will that back door remain open?
Financial Planning
