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Tax and financial planning news from around the web: February 13 – 17, 2023

Written on Feb 17, 2023

IRS wait-to-file signal to millions of taxpayers creates filing season 'chaos' 
The IRS regularly encourages Americans to file their federal tax returns as soon as possible. But just two weeks after the tax agency began accepting returns for the 2023 filing season, it quietly walked back its advice for millions of taxpayers in California, Virginia and other states. 

Gen X and retirement: Not a pretty picture 
It's a mainstream warning from the wealth management industry: Most Americans aren't stockpiling enough money for their golden years. But at the front line of what's called a broad retirement crisis stand vulnerable savers within a particular age group: Gen X.