Taxes and Investing in Plain Language
Serving investors and their advisors since 2000
Some stories that caught our eye . . .
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IRS Announces Inflation-Adjusted Figures for 2024
We have the new tax brackets and other updated figures.
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Save More for Retirement in 2024
You’ll be allowed to contribute more to IRA, 401k and other retirement accounts in 2024.
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Tax Court Whacks Sonny Corleone
A dispute concerning the 2015 income tax return of actor James Caan, best known for playing Sonny Corleone in The Godfather, remained unresolved when he died in 2022. The Tax Court has now ruled.
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Discreet Retreat Before Defeat
IRS is offering a relatively painless way to back out if you made a bad claim for employee retention credit (ERC).
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IRS Announces 2024 Direct File Pilot
IRS has announced a 2024 pilot for a program that will make it possible to prepare and file returns directly with the IRS.
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IRS First Responder?
Here’s how long it took for the IRS to respond to Hurricane Idalia.