The IRS’s increased documentation requirements for Sec. 41 claims require taxpayers to specifically identify applicable business components and their costs and why their development is qualified ...

Carbon tax concessions granted to global oil giants may undermine incentives to shift to cleaner energy, environmentalists ...

IRS opens PTIN renewal for 800,000 tax pros—those who miss the deadline face penalties, delays, and possible disciplinary ...

Chicago Mayor Brandon Johnson joins Lisa Dent to discuss federal ICE agents in Chicago, and his proposed tax plans. Mayor Johnson shares his dissatisfaction with the detainments made by ICE.

Legislation passed on July 4 brought a major shift to the firearms suppressor world. Starting Jan. 1, 2026, the $200 federal ...

Some Americans are eligible to recieve inflation refund checks and NJ residents could get ANCHOR rebates in October, but what about a fourth stimulus check in 2025 from the IRS or the tariff ...

Non-resident property owners faced unequal tax treatment. Credit: jd8 / Shutterstock In Spain, non-resident property owners historically faced unequal tax treatment. While residents in the European ...

“Treasury and the IRS understand there might be challenges implementing the new law and have determined it is in the interest of sound tax administration to provide limited penalty relief related to ...

The time it takes to receive a federal income tax refund could drag out six weeks and more next year for many people who are bound and determined to receive a paper check in the mail. Beginning next ...

IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...