Trump first floated the idea of "no taxes on tips" in this same city last June during a campaign rally. "When I get to office ...
Kansas Congressional Senator Jerry Moran, alongside other colleagues, has introduced a bill to give a permanent tax deduction ...
Plus: President Trump signs executive orders before tax season, beneficial ownership information (BOI) reporting updates, ...
Some of Canada’s biggest corporations could find themselves in the crosshairs if U.S. President Donald Trump’s administration ...
The IRS has unveiled the updated tax brackets and standard deductions for the 2025 tax year, reflecting adjustments for ...
The Internal Revenue Service has released new guidance, Rev. Rul. 2025-3, clarifying the application of Section 530 of the Revenue Act of ...
Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of January 6, 2025 – January ...
Senator Elizabeth Warren penned an open letter to the Department of Government Efficiency (DOGE) Chair, Elon Musk, proposing ways the federal government could cut wasteful spending. According to the ...
Information Statements and IRS Returns Requirement to Report For (1) any exercise of an incentive stock option (ISO) during 2024 or ...
On January 13, 2025, the U.S. Treasury Department (the “Treasury”) and the Internal Revenue Service (the “IRS”) issued proposed ...
On January 10, 2025, the Internal Revenue Service (IRS) issued Notice 2025-10 and Notice 2025-11. Notice 2025-10 summarizes proposed ...
The wildfires moving through Southern California have destroyed communities and displaced countless individuals.