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

The Internal Revenue Service announced on Monday it is overturning a restraint on churches and other houses of worship that ...

Facing a rejected IRS payment can be daunting, but understanding the penalties and solutions can help you navigate this ...

The IRS issued Revenue Ruling 2023-2, which had a substantial impact on estate planning, particularly where an irrevocable ...

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

Rhode Island sellers face growing tax exposure on long-held homes. Even modest properties near Providence and the coast are ...

The IRS may revise its proposed regulations on the sourcing of income from cloud-computing transactions, an agency official said Saturday.

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.

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.