Browsing Tag
Internal Revenue Service (IRS)
98 posts
The Internal Revenue Service (IRS) is the U.S. federal agency responsible for administering and enforcing tax laws. It collects taxes, processes tax returns, issues refunds, and ensures compliance with federal tax obligations. Operating under the Department of the Treasury, the IRS also provides taxpayer assistance, develops regulations, and combats tax fraud.
Treasury, IRS Release Guidance on ‘Trump Accounts’
Guardians will be able to use Form 4547 to enroll in a “Trump Account” program
IRS Announces 2026 401(k) Contribution Limit Increases to $24,500; IRA Limit Up to $7,500
Full official retirement plan contribution limits for next year released today in Notice 2025-67
Social Security, IRS Leader Bisignano Panned After Fiserv Stock Tanks
Social Security Works calls for Trump appointee to “resign immediately” after current Fiserv CEO blames him for unrealistic sales projections, short-sighted cost-cutting measures
2026 IRS Retirement Plan Contribution Limits All But Official
While the IRS hasn’t yet officially announced next year’s limits, the only real mystery involves catch-up contributions for ages 60-63
A Playbook on IRS Final Regulations for Roth Catch-Up Contribution Requirements Under SECURE 2.0
The Wagner Law Group’s Jon Schultze and Barry Salkin explain the coming changes
CEO of IRS Title Added to Social Security Commissioner Bisignano’s Plate
In newly created role, Frank Bisignano will report to Treasury Secretary and Acting IRS Commissioner Scott Bessent
$1K Boost Projected for 2026 401(k) Employee Contribution Limit
While employee cap expected to go from $23,500 to $24,500, forecasters say maximum annual addition for DC plans could increase to $72,000 or $73,000 based on final month of CPI data
IRS, Treasury Dept. Release Final Regulation for Roth Catch-Up Contributions
The final rule considers comments received in response to proposed regulations issued by the IRS and the Treasury Department in January
Uncashed 401(k) Distribution Checks Subject of IRS Guidance
Guidance clarifies that failure to cash checks does not affect withholding or reporting
IRS Unveils Modest Growth for 2026 HSA Contribution Limits
Individuals with self-only coverage under a HDHP saw a growth of $100 compared to last year