As the 2025 tax filing season approaches, it's crucial for taxpayers to determine their filing obligations with the IRS. Knowing the income thresholds and specific circumstances that require filing ...

Federal authorities announced on Wednesday, Jan. 22, 2025, that seven people have been charged in a $600 million COVID-19 tax ...

The 50-page list of suggestions from House Budget Committee Republicans includes tax increases for single parents, students ...

Senate Finance Committee Chairman Mike Crapo on Wednesday said he is hoping a full Senate confirmation vote for U.S.

As the Trump administration aggressively seeks to "reduce the size of the federal government's workforce through efficiency improvements and attrition," as expressed in an executive order on Monday, ...

Investing $25,000 in each of these four stocks will provide investors with over $14,000 per year in passive income.

Lawmakers in the House and Senate reintroduced bipartisan legislation backed by the AICPA to provide faster filing relief to ...

IRS is cracking down on your online income. What to know - Millions more taxpayers with online side hustles will receive 1099 ...

On January 15, 2025, the Internal Revenue Service (the “IRS”) and the Department of the Treasury (“Treasury”) published final regulations ...

The American Institute of CPAs (AICPA) has expressed strong support for new bipartisan legislation that would empower the ...

The Inflation Reduction Act of 2022 introduced the Code Section 45Y production tax credit (CEPTC) for facilities that generate clean electricity ...

While President Trump's first day back in office involved many executive orders and memorandums, none addressed estate ...