The IRS “one-time forgiveness” refers to the First-Time Penalty Abatement program, offering relief from certain penalties for compliant taxpayers.

From financial gifts to Roth withdrawal rules, here’s what income stays tax-free under the new Trump 2025 tax bill, and some information on what’s changed.

The IRS's new six-year rule offers relief for taxpayers with overdue returns, but strict refund deadlines remain. Act swiftly to secure refunds and avoid penalties.

LAKE FOREST, IL – An Illinois physician, Dr. Krishnaswami Sriram of Lake Forest, has been sentenced to 34 months in prison after being convicted of health care fraud and for concealing assets and ...

We propose a way to connect premium tax credits with health reimbursement arrangements for small businesses that have long struggled to offer health benefits.

With the tightening of tax credit eligibility and the end of key federal incentives, renewable energy stakeholders must navigate complex new rules.

Although Republicans control the White House and both chambers of Congress, the Senate's filibuster rules make it necessary for the government funding legislation to gain support from at least 60 of ...

Back by popular demand!  Rod Stewart returns to Las Vegas for his “Encore Shows” Las Vegas residency at the Colosseum at Caesar’s Palace!   You won’t want to miss these ...

The IRS on Wednesday issued final regulations ( T.D. 10034) that remove the associated property rule and similar rules from regulations under Sec. 263A (f) regarding interest capitalization ...

A judge struck down the IRS’s vague test, a win for Freedom Path that could reshape how conservative nonprofit groups are scrutinized.