3 stories tagged #Tax Law

  1. IRS Refund Delays After Death: Why It Takes Over a Year and How to Prepare
    finance

    IRS Refund Delays After Death: Why It Takes Over a Year and How to Prepare

    Understand the significant delays in IRS tax refund processing for deceased individuals and learn proactive steps to ease the burden on survivors.

    3mo ago 1 min read
  2. New Law Sparks Unintended Tax Burdens on Social Security Recipients
    finance

    New Law Sparks Unintended Tax Burdens on Social Security Recipients

    The Social Security Fairness Act, intended to restore benefits, is now creating unexpected tax liabilities for millions of retirees. A new bill seeks to provide relief.

    3mo ago 1 min read
  3. Inherited IRA Rules Shift: New Tax Pitfalls Emerge for Heirs
    finance

    Inherited IRA Rules Shift: New Tax Pitfalls Emerge for Heirs

    New IRS regulations for inherited IRAs, effective 2025, impose a 10-year withdrawal deadline and potential 25% penalties for missed distributions.

    3mo ago 1 min read