Latest on Internal Revenue Service — - The Indian Panorama

United States

IRS announces administrative transition period for new Roth catch‑up requirement; catch-up contributions still permitted after 2023

Aug 26, 2023 - 3:59 am EDT @theindpanorama 0

WASHINGTON , D.C. (TIP): Today, the Internal Revenue Service announced an administrative transition period that extends until 2026 the new requirement that any catch-up contributions made by higher‑income participants in 401(k) and similar retirement plans […]

IRS, Treasury disburse more Economic Impact Payments under the American Rescue Plan; total tops 130 million with more to come

Apr 2, 2021 - 8:51 am EDT @theindpanorama 0

WASHINGTON (TIP): The Internal Revenue Service, the U.S. Department of the Treasury and the Bureau of the Fiscal Service announced, April 1, they are disbursing several million more payments in the third batch of Economic […]

IRS Pushes Tax Deadline Back by One Month

Mar 19, 2021 - 7:41 am EDT @theindpanorama 0

Filers will have until May 17, the agency said Wednesday, March 17. WASHINGTON (TIP): The Internal Revenue Service will give Americans extra time to file their taxes as a result of the pandemic. Instead of […]

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