The IRS and its Security Summit partners continue to see a steady stream of attacks aimed at the nation's tax professionals to steal sensitive tax and financial information from their clients. One of the most common threats facing tax pros are phishing and related...
IRS
Keeping personal and financial records safe can make disaster recovery easier
A natural disaster can strike without warning. Sometimes even the most diligent taxpayers are left without the important personal and financial records they need. People may need documentation for tax purposes, federal or state assistance programs or insurance claims....
IRS Extends a Roth Catch-Up Requirement
As the Wall Street Journal pithily summarizes it, "Higher earners age 50 and up will get two more years to use pretax dollars for all of their retirement savings in 401(k)s and similar plans, after the Internal Revenue Service delayed a new requirement." The IRS has...