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.
LLCs changing from partnership tax treatment to corporation or vice-versa may encounter issues including gain recognition.
On remand from the Eighth Circuit and after the Supreme Court held in the case that the Sec. 6330(d)(1) period for filing a Tax Court petition for a review of a Collection Due Process determination is ...
Federal filing relief is now available for individuals and businesses in the Sisseton-Wahpeton Oyate Tribal Nation affected by severe storms and flooding that began on June 12, 2025. These taxpayers ...
Amazon’s cash tax payments fell 45% in the third quarter, driven largely by the One Big Beautiful Bill Act of 2025, even as ...
The maximum credit for families with two children will increase to $7,316, up from $7,152 in 2025. Those with one child can ...
Guice, who received five years' probation, estimated that she prepared from 1,000 to 1,500 tax returns each year.
United Way needs more tax return preparers and will provide volunteers with free training, certification, and all the support ...
“This is a national game-changer,” Vlad added. “It strengthens the link between financial education and community resilience. A clear, bilingual training standard helps volunteers serve more people, ...
Indiana lawmakers could use the upcoming special session not only to draw new legislative maps but also to head off what tax ...
The clinic, which celebrates its 25th anniversary in 2025, offers free tax-related legal services to low-income taxpayers in Michigan.