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Are political donations tax deductible? What the IRS says
Are political donations tax deductible? Find out what the IRS allows, plus where state-level exceptions may apply. Read on ...
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Government shutdown threat and IRS shakeup
Congress faces a looming government shutdown if negotiators can’t finalize a $1.2 trillion “minibus” spending package, with funding for ICE sparking Democratic pushback ahead of the Jan. 30 deadline.
WASHINGTON—The Internal Revenue Service is mounting a novel attack on Meta Platforms’ international tax maneuvers, seeking $16 billion in a move that extends and intensifies the decadelong fight ...
The Internal Revenue Service Math and Taxpayer Help Act, or IRS MATH Act, is now law after President Donald Trump signed it on Monday. The bipartisan, bicameral proposal is meant to simplify the ...
Lawmakers hope that clearer notices when the IRS makes simple math or clerical fixes on tax returns should cut down on headaches for taxpayers. IRS Congress Customer Experience The Internal Revenue ...
An update on regulations and guidance surrounding Trump Accounts—which are a new type of Individual Retirement Account (IRA) for children under 18, created under the Working Families Tax Cuts ...
The IRS on Tuesday released initial details on Trump accounts, new individual retirement accounts (IRAs) for eligible children created under H.R. 1, P.L. 119-21, commonly known as the One Big ...
The Internal Revenue Service generally treats crypto like property, similar to stocks or real estate, so selling crypto can trigger a capital gain or loss. But many investors have been able to use a ...
The U.S. government is getting back up to speed after the longest government shutdown in history. Airports have resumed their full schedules, which is a relief to anyone who’s planning to fly this ...
This story has been updated at 4:50 p.m. ET. The Internal Revenue Service on Friday afternoon told employees that "the majority" of outstanding backpay due to furloughed and excepted employees ...
I may not be the first to tell you, but don’t forget about an additional benefit of the 870-page One Big Beautiful Bill Act passed in July. As prize promotion sponsors and administrators know, an IRS ...
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