Pension Plan Limits for 2017 Announced by IRS
The Internal Revenue Service released 2017 tax year cost of living adjustments for pension plans and other retirement-related items. Here is a summary of the more significant items for 2017.
IRS Changes Installment Agreement Fees Effective 2017
Under the fee schedule, the highest fee goes up while new online options offer discounts.
IRS Provides Tax Relief for Hurricane Irma Victims
IRS tax filing and payment deadlines have been extended, and retirement plans distribution rules eased, for hurricane victims.
IRS Tax Rates and Annual Adjustments for 2016
The IRS has released 2016 tax rate schedules and cost-of-living increases for several important tax items.
What Deductions Were Extended or Made Permanent in the 2015 Tax Extenders Bill (the PATH Act)?
Find out about the most significant tax breaks for businesses and individuals that were made permanent or extended in the 2015 tax extenders bill.
HSA Contribution Limits For 2016
The IRS has announced the deduction limits for 2016 HSA contributions.
IRS Waives Penalty on 2014 Health Insurance Premium Overpayments
Do you owe the IRS for excess premium tax credit payments for 2014? Find out how to get the late payment penalty waived if you can't repay it all at taxtime.
IRS Announces Cost of Living Increases for 2015
The IRS has announced 2015 tax rate schedules and cost-of-living increases for several important tax items.
New Rules for IRA Rollovers in 2015
Only one IRA rollover per year will be allowed, regardless of how many IRAs you own--a new IRS limitation.
Same Sex Couples: IRS Tax Filing Status After United States v. Windsor
With the Supreme Court ruling on DOMA, the IRS recognizes same sex marriages for tax purposes.
Tax Issues for Same-Sex Couples After the Windsor case
Learn how states and the federal government handle gay and lesbian couples for tax purposes after the Supreme Court's decision to strike down the Defense of Marriage ("DOMA").
Gay Couples: Filing an IRS Claim for DOMA-Related Tax Refunds
Gay couples could file a claim with the IRS for DOMA-related tax refund claims after the Windsor case.
Should same-sex spouses amend their federal tax returns to change their filing status?
There often is a tax advantage to filing as married so same sex spouses should consider amending their returns for filings before the Windsor case.
How does the Fiscal Cliff Tax Deal Affect Your Taxes?
Find out what the new tax deal means for you in 2013.
IRS Inflation Adjustments for 2013
From retirement plans, to gift tax, to Social Security, find out the new IRS numbers for 2013.
Welcome to the New Post-"Bush Tax Cut" Era Tax Rates
A look at the new tax rates for 2013 and beyond.
Changes to the Capital Gains Tax Rules Under the American Taxpayer Relief Act
Taxpayers scrambled to sell capital assets in 2012 anticipating changes to the capital gains tax rates. Find out what happened for 2013.
Obama's Latest Tax Proposals for 2013
The Obama Administration's 2013 tax reform plan proposes making dozens of changes to the tax laws, including closing or reducing many tax loopholes and cherished deductions.
Why Raising Taxes On the Rich Doesn't Hurt the Economy
Lowering top tax rates has not proven to increase economic growth. Here are the facts and figures.
How the Rich Got Pushed Off the Fiscal Cliff
From the new capital gains tax rate to the Medicare taxes to the Pease limitation: How the wealthy will pay higher taxes in 2013.
What Is the Impact of a Budget Sequester on the IRS?
Among the federal agencies slated to have its budget cut due the sequester is the IRS. Find out how this will affect taxpayers.
2014 Extenders Bill Restores Key Tax Incentives
Many business and personal tax incentives were extended for 2014 through tax extenders legislation approved by Congress.
IRS Inflation Adjustments for 2014
The IRS has released its inflation-adjusted 2014 tax brackets, standard deduction, and changes to other tax credits and exemption amounts.
The New Medicare Payroll Tax
Find out about this extra 0.9% payroll tax for high income earners.
Tax Return Transcripts Available Online Through IRS Website
Learn the different types of tax return transcripts that can be obtained online.