Tax News

The Internal Revenue Service issued final regulations on consistent basis reporting between an estate and a person acquiring property from a decedent.

Those earning between $30,000 and $40,000 filed 3,160,016 refundable CTC claims and received a total of $6,561,128,000 in refunds.

The IRS has postponed payment and filing deadlines for those affected by the storm.

The accounts are expected to grow by another trillion dollars over the next decade because of their tax and flexibility advantages, Daffy CEO Adam Nash said.

Donald Trump's agenda of higher tariffs on U.S. imports would help offset his expanding tax-cut proposals if he's reelected in November, according to his running mate.

Taxpayers earning more are more likely to choose to itemize their deductions, while taxpayers earning less tend to favor the standard deduction.

The Internal Revenue Service issued a notice on Friday excluding from gross income the value of any tribal general welfare benefit.

The presidential nominee is looking to turn the page with a new populist tax cut proposal.

Noted; loan sharks; lowering the Boomer; and other highlights of recent tax cases.

The Ways and Means Committee advanced five tax-related bills, including one that would eliminate a requirement to report payments of $600 from third-party networks.