The "Big Beautiful Bill" did not actually eliminate taxes on tips, overtime, or Social Security, but many people will be able ...

A report discusses potential IRS layoffs of 10,000 employees. Was Donald Trump responsible for the IRS employee termination? Find out the details and implications.

Lawmakers noted their letter comes as “recent IRS staffing challenges caused by the Trump Administration” have complicated ...

The IRS issued Revenue Ruling 2023-2, which had a substantial impact on estate planning, particularly where an irrevocable trust is involved. In the last decade or so, more families have begun ...

Over 25% of South Dakota homeowners may owe surprise taxes when they sell. Federal caps on equity gains haven’t kept pace ...

The IRS made clear that its revised interpretation still prohibits all non-profits from “participating” or “intervening” in a ...

The Harlem council member owes between $100,000 and $250,000 to the IRS, his 2024 annual financial disclosure shows.

Half of New Hampshire homeowners may face taxes when they sell. Soaring values are triggering surprise bills—even on modest ...

Around 10% of people itemize their deductions now, and they are typically wealthier. The other 90% take the standard deduction, which expanded in the 2017 Trump tax cuts and will get bigger under the ...

People are concerned over changes to gambling deductions and new taxes passed by Congress in the Big Beautiful Bill.

Receiving a big tax refund can feel like winning the lottery. The direct deposit hits, and suddenly there’s extra money in your account. For many Americans, ...