My husband of 59 years died in 2023 at 83 years of age. I was the beneficiary of his 401 (k), which was still administered by his employer as a retiree. We had already taken the necessary required ...

Ghana’s digital finance ecosystem is experiencing a critical inflection point. Over the past five years, cryptocurrency adoption has surged across the country, driven by a digitally savvy youth ...

The Treasury Department and IRS have not yet publicly responded to the AICPA’s letter. Typically, such requests are ...

Disney’s profit and revenue climbed in its fiscal third quarter as the entertainment company continued to add subscribers to ...

Receiving an unexpected letter from the IRS can be unsettling, especially during the summer when many are planning vacations.

Edo State Government has banned a private consultant, Atalakpa Recovery Concept Limited and other various transport unions from collecting any form of dues, levies, taxes or charges from motorists in ...

Taxpayers could face significant hurdles during the 2026 tax filing season after the Internal Revenue Service (IRS) reduced its workforce by more than one-quarter in the past year, according to a ...

Learn the key differences between qualified and non-qualified retirement plans, including tax advantages, contribution limits, and who they’re best for.

Unpacking claim new federal law prevents children from inheriting parents' houses However, for wealthy heirs of property inherited from a deceased person, taxes might increase from January 2026.

In October 2022, the Internal Revenue Service (IRS) issued Revenue Procedure 2022-19 to provide a mechanism to resolve certain “foot faults” that made an S Election invalid without the need to ...

The Internal Revenue Service allows businesses to report income and expenses on an accrual, rather than a cash basis, provided that annual tax returns clearly and consistently reflect transactions ...

The Internal Revenue Service, which began the year with about 103,000 employees, has already shrunk its staff by 24% under President Donald Trump.