Plus: What’s open at the IRS, the fight over premium tax credits, guidance on OBBBA, Social Security increases, digital taxes and tariffs, Section 179 expenses and more.

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 ...

Inheritance Funding reports inheritance advances aren't taxable in the US, serving as a financial lifeline for heirs facing ...

The clinic, which celebrates its 25th anniversary in 2025, offers free tax-related legal services to low-income taxpayers in Michigan.

With Pritzker opposed, the bill faces a major uphill battle over the final scheduled days of the General Assembly’s fall veto ...

If you’re self-employed or own a business, you may be wondering if it’s possible to get a mortgage. The short answer is yes, ...

As a result, many taxpayers will get bigger refunds this spring. That’s partially by design: The Trump administration and the lawmakers who worked on this bill have celebrated the fact that it’ll put ...

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 ...

The Internal Revenue Service has announced that an executive order by President Donald Trump will change how folks will be getting their tax refund checks in the upcoming year. In a recently issued ...

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 ...

The Internal Revenue Service has announced it will begin phasing out paper tax refund checks starting Tuesday, Sept. 30, to comply with a March executive order issued by President Donald Trump. The ...