North Carolina lawmakers kicked off the year’s legislative session on Wednesday by filing a flurry of bills on topics ranging from gambling to taxes to balloons. Votes aren’t expected for several ...
Under Section 6417 of the Code, as enacted by the Inflation Reduction Act (IRA), certain taxpayers that fall within the statutory definition ...
Tax season is underway, and the IRS expects 140 million people will file returns by April 15. If you file your tax return ...
As President Donald Trump continues to fulfill his promise of mass deporting illegal immigrants living in America, he’s also been floating around the idea and considering firing nearly 90,000 IRS ...
On January 10, 2025, the Treasury Department (the “Treasury”) and the Internal Revenue Service (the “Service”) continued their flurry of new ...
On January 14, 2025, the Internal Revenue Service (“IRS”) and the Department of Treasury issued proposed regulations under ...
On January 3, 2025, the U.S. Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) issued final regulations (Regulations) ...
Some of Canada’s biggest corporations could find themselves in the crosshairs if U.S. President Donald Trump’s administration ...
Kansas Congressional Senator Jerry Moran, alongside other colleagues, has introduced a bill to give a permanent tax deduction ...
The IRS has unveiled the updated tax brackets and standard deductions for the 2025 tax year, reflecting adjustments for ...
The Internal Revenue Service has released new guidance, Rev. Rul. 2025-3, clarifying the application of Section 530 of the Revenue Act of ...