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

A major win for gamblers raises the jackpot reporting threshold to $2,000 next, officials confirmed this week. For gamblers accustomed to the $1,200 threshold for slot machine jackpots, it's big news.

It didn’t take Frank Guido long to figure out he wanted to be in the restaurant business. Following graduation from high school, Guido went to Marist College (now Marist ...

Preserving generational wealth with trusts, life insurance and annual gifts are among key strategies for the current $84 trillion wealth transfer.

In a stipulation included in a Joint Motion for Entry of Consent Judgment, the IRS stated that when a church communicates ...

The Internal Revenue Services is reversing a long-standing policy and will now allow religious institutions to endorse ...

The Internal Revenue Service is building a computer program that would give deportation officers unprecedented access to ...

On Monday the IRS released a court filing reinterpreting the Johnson Amendment, which prohibits any tax-exempt nonprofit ...

With President Donald Trump signing the reconciliation bill July 4, the 30% credit on residential solar previously scheduled ...

Are we getting a stimulus check in July 2025? Here's status on stimulus check and inflation refund, how to track IRS checks ...

The IRS standard deduction is getting a major upgrade—and everyday Americans stand to benefit. Thanks to the newly passed One ...

The Trump administration has imposed new restrictions on flights from Mexico and threatened to end a longstanding partnership between Delta Air Lines and Aeromexico. It's in response to limits ...