On July 4, 2025, as part of the One Big Beautiful Bill Act (Act), provisions titled “No Tax on Tips” and “No Tax on Overtime” were signed into ...

Fact checked by Vikki Velasquez When starting out as a financial advisor, compliance can feel like a maze of regulations. However, mastering it can help avoid significant financial risk. Compliance ...

Amid the flurry of proposed rulemakings that were published in the month prior to President Trump's inauguration, the ...

In 1995, the IRS retroactively revoked the church’s tax-exempt status, arguing the ad crossed the line into prohibited ...

Modified adjusted gross income (MAGI) is often used by the IRS and other federal agencies to determine your eligibility for ...

The recently enacted tax-cuts package prevents the federal estate tax exemption level from falling to roughly $7 million next year from $13.99 million currently. Instead the new law increases it to ...

The IRS is reevaluating how to gauge the more than 150 taxpayer service improvement projects it had been pursuing before staffing and budget cuts this year.

The system that the IRS is now creating would give ICE automated access to home addresses en masse, limiting the ability of ...

The massive new tax law brings several tax-law changes for self-employed, freelance and gig workers, including some that ...

Missouri, Texas and other states have passed bipartisan laws designed to make it easier for consumers to spend their gold ...

In 2024, two churches and a religious organization filed a lawsuit against the Internal Revenue Service (IRS), claiming that ...

The Treasury Department and the IRS will need to roll out guidance to explain the bill's newer provisions and how they differ ...