The Internal Revenue Service issued guidance on the corporate alternative minimum tax in response to comments it received.

The federal estate tax exemption increased again for 2025. Although the higher, IRS-inflation-adjusted number, announced last fall, may not have come as a surprise to most. However, 2025 is a pivotal ...

ISLAMABAD: In a dramatic U-turn, the government on Friday scrapped the asset valuation column from the tax return form for 2025 — just a day after issuing a strongly worded clarification — bowing to ...

IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...

As Hurricane Gabrielle continues its northward journey over the Atlantic, meteorologists and federal forecasters are now closely monitoring two new tropical disturbances that may give rise to the next ...

Silent Hill f's frustrating first-half is outweighed by a brilliant, delirious second that's well worth the initial slog. If you take nothing else from me today, just take these three words: stick ...

Tipped workers will be able to deduct up to $25,000 in tips from their taxable income beginning in 2025. To help sort out the details, the Treasury and the IRS are rolling out additional guidance.