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IRS

IRS Reminds Retirees of April 1 Deadline to Begin Required Retirement Plan Distributions

By Ian SmithMarch 29, 2016 8:57 AM
Close up Businessman Showing on his Palm Three Conceptual Wooden Blocks with TAX Word.

The Internal Revenue Service said in a statement Monday that taxpayers who turned 70½ during 2015 must start receiving required minimum distributions (RMDs) in most cases from Individual Retirement Accounts (IRAs) and workplace retirement plans by Friday, April 1, 2016.

Great Customer Service? Congressman Gets Response from IRS After Almost 8 Years

By Ian SmithMarch 22, 2016 7:09 PM

Congressman Paul Gosar (R-AZ) is unhappy with the IRS. He recently let loose on the agency in an editorial in which he recounts the story of how a request he submitted nearly 8 years ago was only just recently answered.

Senators Demand IRS Stop Rehiring Fired Federal Employees

By Ian SmithJanuary 13, 2016 9:01 AM

A group of Republican Senators have introduced legislation that would prevent the Internal Revenue Service from rehiring federal employees who were fired for poor conduct and performance.

GSA Cutting Vehicle Mileage Reimbursement Rates in 2016

By Ian SmithDecember 23, 2015 5:15 PM

Federal employees who use their own cars for conducting government business will see a drop in the mileage reimbursement rates paid to them at the start of 2016.

Date Set for Start of 2016 Tax Season

By Ian SmithDecember 22, 2015 8:31 AM

The Internal Revenue Service announced this week that tax season for American taxpayers will begin January 19, 2016.

Legislation Would Make it Easier to Fire Senior Executives at IRS

By Ian SmithDecember 6, 2015 12:36 PM

Recently introduced legislation would give the IRS Commissioner new authority to fire senior agency executives who have failed in their performance or committed misconduct.

Legislation Introduced to End Unionization at IRS

By Ian SmithNovember 5, 2015 12:22 PM

Senator Tim Scott (R-SC) has introduced legislation that would end mandatory labor unions at the Internal Revenue Service.

Legislation Introduced to Block Bonuses for Tax Delinquent Federal Workers

By Ian SmithOctober 30, 2015 1:33 PM

Senators Richard Burr (R-NC) and Senator Joe Manchin (D-WV) have introduced legislation that would withhold bonuses from federal employees who are delinquent on their taxes or have engaged in documented misconduct.

House Members Introduce Resolution to Impeach IRS Commissioner

By Ian SmithOctober 27, 2015 4:37 PM

House Republicans have introduced a resolution to impeach IRS Commissioner John Koskinen.

What Happens to My Retirement Contributions if I Die Soon After I Retire?

By John GrobeAugust 20, 2015 4:06 AM

If I were to pass away after only being retired a couple of years, I will have only had taxes excluded on a portion of my pension. If my wife and I elected no survivor annuity, does she get the remainder without paying additional taxes on it, since it has already been taxed?

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January 22, 2021

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