Disclosure is a type of extra explanation. You are required to disclose enough detail to tell the IRS what you are doing. But ...

Immigrants and wealthy universities, as well as foreign companies, would see higher taxes under the House-passed bill.

Billy Long, President Donald Trump’s nominee to lead the IRS, answered Senate Finance Committee questions on Tuesday. Here’s ...

The election of Pope Leo XIV, a U.S. expat, serves as a timely reminder for all Americans overseas to ensure they're compliant with worldwide income and asset reporting.

The interest and penalties will also compound over time, so even a modest tax debt can quickly turn into an overwhelming ...

As the IRS faces dramatic staffing cuts, wealthy tax cheats are finding it easier than ever to skip paying their fair share.

MSOs challenging IRC section 280E typically employ sophisticated, multi-layered strategies that combine statutory interpretation, nuanced entity structuring, and meticulous internal documentation.

Photo: Sophie Park/Getty Images When Congress created the federal income tax in 1913 ... the president—from influencing the Internal Revenue Service’s decision to target any particular ...

The Trump administration is drastically reducing the workforce at the Internal Revenue Service (IRS), a move that could potentially lead to a rise in tax evasion ... 40% of IRS jobs potentially ...

Conservatives like me once instinctively understood that expanding government power — even briefly — invites harm. Yet recent ...

Chuck Schumer (D-NY) are accusing President Trump of “weaponizing” the IRS to strip Harvard of its 501(c)(3) status, which allows it to operate and accept donations tax-free. Even though ...

A spokesman for the IRS said “taxpayers should take advantage of all lawful credits that are available to them that make economic sense for them.” That might include the EV tax credit ...