Running a business involves complex financial management that requires a well-organized cash flow system for long-term ...

While there can be a lot to know about IRS requirements, foreign accounts and assets can present their own unique rules ...

Here are answers to some common questions about the “no tax on tips” proposal: Trump first proposed to end taxation on tipped ...

If a taxpayer is unable to afford their complete tax debt, they may be able to make a compromise for a lower amount due. A ...

During the 2024 campaign, Donald Trump promised "no tax on overtime" — an exemption for federal income taxes on extra pay for ...

People who are considered ‘highly compensated employees’ wouldn’t be eligible for the ‘no taxes on tips’ provision in the GOP’s tax bill.

There's a rogue unit in the IRS that's harassing small and family businesses; it should be disbanded immediately.

It is getting a little difficult to talk about a post-tax filing season after ... to ascertain the impact on the IRS; however, the loss of so many employees and leadership turnovers point to less ...

During last year’s presidential campaign, both Donald Trump and Kamala Harris suggested that the money Americans make from ...

"Worse, without safeguards, high-earners might reclassify income as “voluntary tips” to exploit the exemption, further eroding the tax base. Even with guardrails, compliance costs would rise, ...