For 2023, the Social Security wage cap will be $160,200, and social security and Supplemental Security Income (SSI) benefit

In Revenue Procedure 2022-19 the IRS has issued a series of “taxpayer assistance procedures” to resolve certain issues involving S corporations and their shareholders without requiring the issuance

From the Editor: this article is presented as a public service announcement to the tax professional community.

The IRS has proposed increasing the enrollment and renewal user fees for enrolled actuaries from $250 to $680.

An IRS online account makes it easy for taxpayers to access the tax planning information they need.

The Internal Revenue Service Independent Office of Appeals is taking important steps to improve how taxpayers interact and communicate with the IRS by revising their initial contact letters.

Under the SECURE Act, the distribution rules for non-spousal beneficiaries from a qualified plan or IRA were changed (except for certain designated beneficiaries) to allow for a 10-year period to d

A special new sample security plan designed to help tax professionals, especially those with smaller practices, protect their data and information, has been developed by the Security Summit.

Taxpayers were notified of a recent increase in IRS-themed texting scams aimed at stealing personal and financial information.