The IRS has a new interpretation of the 2019 Secure Act, including proposed regulations surrounding RMDs for inherited retirement accounts. The Internal Revenue Service has proposed rule changes that ...
Tag: IRSs
The ‘Crazy’ Reason for the IRS’s Huge Tax Return Backlog
The Internal Revenue Service has a backlog of nearly 15 million paper returns as of March 18, National Taxpayer Advocate Erin Collins reported in a blog post this week, noting that since the start of ...