T he IRS has issued new regulations regarding retirement plan contributions that will affect highly paid individuals (HPIs). These changes arise from the SECURE 2.0 Act and will have significant ...

The massive new tax law brings several tax-law changes for self-employed, freelance and gig workers, including some that ...

There are new laws regarding gambling losses. Previously players could deduct those losses from their winnings with the IRS, now following the passage of the Big Beautiful Bill, there is a cap.

Amid the flurry of proposed rulemakings that were published in the month prior to President Trump's inauguration, the ...

In 2024, two churches and a religious organization filed a lawsuit against the Internal Revenue Service (IRS), claiming that ...

With tax rules changing and new audit areas, plan ahead for 2025. It’s very important to be proactive with your taxes. Knowing these things lets you make good financial decisions.

The IRS is reevaluating how to gauge the more than 150 taxpayer service improvement projects it had been pursuing before staffing and budget cuts this year.

The IRS offers various tax credits and deductions aimed at helping you do just that. ... Follow reliable sources for updates on new tax laws and how they might impact your financial situation.