The IRS issued Revenue Ruling 2023-2, which had a substantial impact on estate planning, particularly where an irrevocable ...

Former Missouri congressman Billy Long will be ceremonially sworn in as commissioner of the Internal Revenue Service on ...

The Internal Revenue Service (IRS) is bracing for a challenging 2026 tax season following a significant reduction in its workforce. The Department of Government Efficiency (DOGE) mandated these cuts, ...

Preserving generational wealth with trusts, life insurance and annual gifts are among key strategies for the current $84 trillion wealth transfer.

In a stipulation included in a Joint Motion for Entry of Consent Judgment, the IRS stated that when a church communicates ...

The Internal Revenue Services is reversing a long-standing policy and will now allow religious institutions to endorse ...

The Internal Revenue Service, in partnership with the Security Summit, is sounding the alarm over a surge in sophisticated phishing schemes targeting tax professionals. As part of ...

Rapid changes in political leadership are reshaping tax and trade policies worldwide. An increase in tax controversies is prompting governments to enhance revenue collection efforts. As businesses ...

The Internal Revenue Service is building a computer program that would give deportation officers unprecedented access to ...

It was the summer of 1954, and Texas Senator Lyndon B. Johnson was locked in a primary fight with fellow Democrat Dudley ...

With President Donald Trump signing the reconciliation bill July 4, the 30% credit on residential solar previously scheduled ...

A look at the "no tax on car loan interest" provision in the "Big Beautiful Bill" reveals key eligibility criteria. But the ...