Cooling inflation will bring some relief in the form of slightly lower taxes next year.

The IRS has announced the annual inflation adjustments for the year 2025, including tax rate schedules, tax tables and cost-of-living adjust

On July 19, 2024, the Internal Revenue Service released its long-awaited final regulations on required minimum distributions for individual

The Internal Revenue Service increases contribution amounts in 401(k) plans in 2024. The IRS also issued technical guidance regarding all...

Wealthy taxpayers are prime targets for scammers The Internal Revenue Service has wrapped up its annual Dirty Dozen campaign, which it...

Excise tax is waived for failure to take required minimum distributions for 2024 for certain accounts The Internal Revenue Service...

The IRS is attempting alternative dispute resolution options The Internal Revenue Service has launched a new program to help taxpayers...

The IRS releases inflation-adjusted 2025 contribution limits for HSAs' The IRS states in Revenue Procedure 2024-25...

An enrolled agent is a person who has earned the privilege of representing taxpayers before the Internal Revenue Service by either...

This is my first post on Scott Financial. I am excited to launch my tax and investment firm. Well...I have actually been practicing a...