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Considerable on MSNTrump’s Tax Reform Eliminates Taxes on TipsPresident Donald Trump’s recently enacted tax legislation includes a provision that eliminates taxes on tips, a measure he ...
The Legislation combines spending and policy priorities from 11 congressional committees and will reshape federal policy across nearly every sector ...
This week in Washington, the Trump administration faced increasing political controversy over its handling of documents ...
The Treasury Department will implement President Donald Trump's tax reform law, which provides deductions for workers' tipped ...
Range reports that Trump's "Big Beautiful Bill" offers significant tax changes for high earners, including increased estate tax exemptions and expanded SALT deductions.
The IRS is warning tax professionals about a host of new and resurgent fraud schemes.
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IRS wants new carve out for pastorsThe Internal Revenue Service (IRS) says pastors who endorse political candidates from the pulpit should not have to risk losing their tax-exempt status — and now it's asking a federal court to ...
Within the bill are other changes including the elimination of the electric vehicle (EV) tax credit and a tax exemption for up to $6,000 per year, per social security recipient. Young says that ...
Cutbacks at the Internal Revenue Service portend difficult tax seasons ahead, Taxpayer Advocate Erin Collins reported to Congress.
Supreme Court upholds limits on Tax Court's authority in IRS cases as Justice Gorsuch warns the decision will allow the agency to avoid accountability in future taxpayer disputes.
Billy Long's confirmation process to take the helm of the Internal Revenue Service is well underway, running alongside mass layoffs and other regulatory moves.
The IRS' new Revenue Ruling 2024-14 weaponizes the “economic substance doctrine,” a vague and largely discretionary standard, to retroactively question legitimate business transactions.
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