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WASHINGTON, D.C. — The Internal Revenue Service Advisory Council (IRSAC), a key panel of experts tasked with advising the IRS on critical tax administration matters, has released its 2024 Public Report. …
IRS Advisory Council 2024 Report Offers Key Recommendations for Tax Administration Overhaul Read More
As we enter the annual season of giving, you might be thinking of charities you wish to support. But you also might be wondering how to gain some tax benefits …
Consider Tax-Smart Charitable Gifts Read More
WASHINGTON, D.C. — As open enrollment season commences, the Internal Revenue Service (IRS) is urging taxpayers to take full advantage of flexible spending arrangements (FSAs), highlighting the significant tax benefits and …
IRS Urges Taxpayers to Maximize Savings with Flexible Spending Arrangements During Open Enrollment Read More
WASHINGTON, D.C. — The Internal Revenue Service (IRS) has unveiled its Fiscal Year 2024 Financial Report, showcasing a year marked by substantial revenue collections, commendable financial management, and overcoming longstanding challenges. …
IRS Reports Robust Financial Year Amid Significant Achievements and Challenges Read More
PHILADELPHIA, PA — United States Attorney Jacqueline C. Romero has announced the indictment this week of Alan C. Redmond, a 42-year-old resident of Wyomissing, Pennsylvania, on multiple counts related to …
Wyomissing Executive Accused of Diverting Over $1 Million in Employee Taxes Read More
WASHINGTON, D.C. — The Department of the Treasury and the Internal Revenue Service (IRS) have unveiled detailed guidance regarding the Energy Efficient Home Improvement Credit and the Advanced Manufacturing Production …
Treasury and IRS Issue New Guidance on Energy Efficient Home Improvement and Advanced Manufacturing Credits Read More WASHINGTON, D.C. — As the 2025 tax season looms, the Internal Revenue Service (IRS) is advising taxpayers to bolster their identity security by enrolling in the Identity Protection Personal Identification …
IRS Urges Taxpayers to Enhance Security with IP PIN for 2025 Tax Season Read More WASHINGTON, D.C. — The Internal Revenue Service (IRS) has released the annual inflation adjustments for tax year 2025, encapsulated in Revenue Procedure 2024-40. These adjustments, impacting over 60 tax provisions, …
IRS Announces Key Inflation Adjustments for 2025 Tax Year Read More
In the popular imagination, receiving an inheritance always sounds like a good thing — after all, who doesn’t want a financial windfall? And inheritances can certainly be life-altering events. But …
Are Your Heirs Ready to Receive an Inheritance? Read More
You can find several ways to make charitable gifts — but if you’re looking for a method that can provide multiple tax benefits, along with an efficient platform for giving …
Donor-Advised Funds: A Smart Way to Give Read More