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The Internal Revenue Service's plan under the Biden administration to audit high-income taxpayers appears less likely after ...
The change does not go as far as gamblers wanted, but it does provide much needed relief to a major pain point.
Clear Start Tax breaks down the hidden tax risks of sudden income changes – and how to recover before penalties build up.
There’s only one known instance of a church losing its tax-exempt status because it violated the Johnson Amendment, but ...
Taxes from the past are still due, and taxes on income before departure. Plus, the U.S. has an “exit tax” that taxes you on ...
The IRS issued Revenue Ruling 2023-2, which had a substantial impact on estate planning, particularly where an irrevocable ...
Are we getting a stimulus check in July 2025? Here's status on stimulus check and inflation refund, how to track IRS checks ...
IRS $3,000 refund payments are arriving for many filers in July. Here’s the latest refund schedule and how to check your status.
The IRS made headlines this week with a quiet but significant policy shift: Churches can now formally endorse political ...
In court filings July 7, the IRS has largely backed down on a decades-old rule that barred churches from engaging in ...
A group of Maryland lawmakers is calling on the IRS to expedite federal tax refunds for individuals who are facing financial ...
The rule was introduced by former President Lyndon B. Johnson in 1954 when he was serving as the U.S. Senate majority leader.