However, the IRS is reminding retirees who take their first distribution April 1 that they must also take their second RMD ...

Time is ticking! Here's everything you need to know about the approaching RMD deadlines for IRAs, 401(k)s and workplace retirement plans.

You can find it in Appendix B of IRS Publication 590-B. To calculate RMDs, use Table I to find the appropriate life expectancy factor. This is the factor associated with your age in the year you ...

Check out the “Uniform Life Table” in IRS Publication 590-B to help figure what you must withdraw from your account. A financial advisor can also help you make the best decisions when it comes ...

Check out the “Uniform Lifetime Table” in IRS Publication 590-B to help figure what you must withdraw from your account. If you need retirement savings to get by and you’re wondering whether ...

The IRS is currently sitting on about $92.3 million, ready to be dispersed among 116,300 state taxpayers who have yet to file their returns for that tax year, the agency said in a news release ...

There was just one problem: The IRS didn’t have enough desks to seat them all. And so, many customer service workers learned Sunday that they would not have to return to the office on Monday ...

The IRS is reportedly looking to implement various approaches in its downsizing strategy, including attrition A former IRS commissioner said cutting the workforce by half would render the agency ...

Thousands of workers are set to be out of a job at the IRS with just under two months left in the tax filing season. Thomas is a native of upstate New York and a graduate of the University at Albany.

Doug O’Donnell, the acting head of the IRS, is expected to announce his retirement on Tuesday amid turbulence at the tax collection agency, according to a person familiar with his plans.

The average tax refund remains up year-over-year for 2025, according to the most recent numbers released by the Internal Revenue Service. Tax data for the week ending on Feb. 28, shows the average ...