Spokane man pulled $400K from his 401(k) for a house, aiming to be debt-free, but now he owes $140K to the IRS. Big lesson: ...

On "The Florida Roundup," PolitiFact chief correspondent Louis "Lou" Jacobson breaks down changes to the taxation of Social ...

The next tax-filing season — for 2025 taxes — might be one to remember, but not for reasons taxpayers would prefer. While ...

President Donald Trump should follow up on his historic “big, beautiful” tax bill with an extra booster shot for the economy by immediately indexing the capital gains taxes for inflation. There is a ...

The IRS issued Revenue Ruling 2023-2, which had a substantial impact on estate planning, particularly where an irrevocable trust is involved. In the last decade or so, more families have begun ...

A major win for gamblers raises the jackpot reporting threshold to $2,000 next, officials confirmed this week. For gamblers ...

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 ...

Rapid changes in political leadership are reshaping tax and trade policies worldwide. An increase in tax controversies is ...

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