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Photo: Alamy In a huge departure from decades of stringent apolitical interpretation, the Internal Revenue Service has ...
In a filing in federal court, the Internal Revenue Service says it now views endorsements of candidates by churches would not affect their tax-exempt status.
Workers earning "midrange" pay can still see meaningful savings. A warehouse supervisor earning $60,000 with $10,000 in overtime could take off a couple of thousand dollars from their federal tax bill ...
Under the new tax cut, workers can deduct up to $25,000 in tips and $12,500 in overtime pay from their taxable income on federal tax returns.
Reinstated mortgage insurance premium deductibility and a higher cap on state and local tax deductions could change whether ...
A new tax break aimed at seniors may lighten the load on retirees’ Social Security income, but it’s not as sweeping or permanent as some headlines suggest. Tucked inside the “One Big Beautiful Bill,” ...
Although seldom enforced, The Johnson Act has long been a source of tension between religious groups and federal regulators.
One Big Beautiful Bill' makes 529 plans more flexible, some skeptics say the education savings plans still may not be ...
The way annuities affect Social Security benefits may surprise you. Here's how they interact and what to watch for.
In a joint court filing intended to end an ongoing case against the IRS, the tax collection agency and the National Religious ...
As an eBay seller, you receive payments for your goods and services through eBay. As an online marketplace, eBay is required to send a 1099-K tax form detailing these payments to the IRS and to you if ...
The Mississippi Sales Tax Holiday begins Friday, July 11 and will run through Sunday, July 13. Sales tax is not due on the sale of clothes, shoes or school supplies that are less than $100. Tap here ...
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