As a candidate, Trump promised to lift taxes on overtime. The new law allows workers to deduct up to $12,500 in overtime compensation (for single filers) or $25,000 (for joint filers). This deduction ...

ProPublica has obtained the blueprint for the Trump administration’s unprecedented plan to turn over IRS records to Homeland ...

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

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

Ohio churches are having mixed reactions to news that the Internal Revenue Service will relax enforcement of the ban on ...

The Internal Revenue Service announced last week it is overturning a restraint on churches and other houses of worship that was supposed to keep them from endorsing candidates for political office.

A group of Maryland lawmakers is calling on the IRS to expedite federal tax refunds for individuals who are facing financial ...

The bill includes several tax-related initiatives, one of which is the elimination of tax on tips. Here's what to know.

These retirement plans meet the legal requirements and the cost for a pre-approved plan is less than for an individually ...

The Chairman of the Taraba State Internal Revenue Service, Brigadier General Jeremiah Faransa (retd.), has backed a new initiative to preserve two endangered indigenous languages in the state.Faransa, ...

The so-called Department of Government Efficiency’s efforts to bulldoze federal agencies and slash the federal workforce will ultimately cost American taxpayers billions of dollars, according to a ...

The Internal Revenue Service and its Security Summit partners are renewing warnings to tax professionals about new and ...