News

In a proposed legal settlement, the Internal Revenue Service has agreed that it will abandon enforcement of longstanding ...
The IRS wants backup documentation to prove your expenses. You have to prove both what you bought and that you paid for it.
A key rule that gamblers hate has finally changed and that's good for Las Vegas, cruise lines, and regional casinos.
The Internal Revenue Service's plan under the Biden administration to audit high-income taxpayers appears less likely after ...
Christian nationalism-embracing media figures cheered the IRS’ statement that the Johnson Amendment — a decades-old ban on ...
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 ...
The change does not go as far as gamblers wanted, but it does provide much needed relief to a major pain point.
Are we getting a stimulus check in July 2025? Here's status on stimulus check and inflation refund, how to track IRS checks ...
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 rule was introduced by former President Lyndon B. Johnson in 1954 when he was serving as the U.S. Senate majority leader.
The policy change reverses a ban on endorsing or opposing candidates by religious organizations known as the Johnson ...