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An IRA owner, through recharacterization, can treat a contribution made to one type of IRA (i.e., traditional or Roth) as having been made to the other type of IRA. The deadline to recharacterize 2020 IRA regular contributions is fast approaching.

The IRS has granted tax relief to North Carolina victims of Tropical Storm Fred remnants. As a result, certain tax deadlines are postponed.

The IRS has granted tax relief to Pennsylvania victims of Hurricane Ida. As a result, certain tax deadlines are postponed.

The IRS has granted tax relief to New Jersey victims of Hurricane Ida remnants. As a result, certain tax deadlines are postponed.