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401(k) Fix-It Guide - Elective deferrals weren't limited to the amounts under IRC Section 402(g) for the calendar year and excess deferrals weren't distributed.

Taxpayer First Act provisions

Understand the different types of penalties, how to avoid getting a penalty, and what you need to do if you get one.

April 16, 2024 ¡ª A senior administrator for both the Village of Dolton, Ill., and Thornton Township, Ill., has been charged in federal court with engaging in a bankruptcy fraud scheme involving the making of false statements in his bankruptcy petition to conceal from creditors his assets and sources of income and a significant claim against him.

November 28, 2022 ¡ª A Camden County, New Jersey, woman was sentenced today to 159 months in prison for her role in a scheme to obtain money through fraudulently obtained refund checks issued by the U.S. Treasury, U.S. Attorney Philip R. Sellinger announced.

IR-2024-155, June 5, 2024 ¡ª The Internal Revenue Service announced today reaching another key milestone in the agency¡¯s transformation work with the Document Upload Tool accepting its one millionth taxpayer submission.

If you are a student-athlete and you receive any monetary or financial gain, in cash or non-cash, from a transaction in which you benefit from the use of your name, image or likeness, that gain is NIL income.

Get answers to commonly asked questions about Savings Incentive Match Plans for Employees (SIMPLE IRA Plans).

April 25, 2023 ¡ª A Keene woman was sentenced in federal court for operating an unlicensed money transmitting business, U.S. Attorney Jane E. Young announces.

February 17, 2023 ¡ª An Orange County man was sentenced today to 54 months in federal prison for fraudulently obtaining $5 million in COVID-relief loans for his sham businesses, then used the money on himself, including purchasing Ferrari, Bentley and Lamborghini cars.