Opinion: Nonprofit leaders and professionals can’t afford to overlook revenue-generating activities that could subject their ...

IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...

The One Big Beautiful Bill Act, signed into law on July 4, contains several provisions that could affect the future of not-for-profit organizations. One provision creates a permanent cash contribution ...

The Internal Revenue Service has posted a draft version of Schedule 1-A, "Additional Deductions," for Form 1040 that will be used next tax season when claiming new tax breaks in the One Big Beautiful ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Artificial intelligence (AI) is transforming industries ...

New rules are yet again in store for 2025 sales of tickets and other goods and services online. Sellers flagged as 'business' or 'professional' sellers on platforms may get 1099-K forms at lower ...

Proposal to impose a 10% withholding tax on profits sent abroad Taxation on high incomes to involve monthly levy on dividends Income tax reform proposal to be presented on Tuesday BRASILIA, March 17 ...

Millions of taxpayers eagerly await their IRS refunds each year. But that anticipation can sometimes turn into despair and frustration when some tax refund checks vanish from mailboxes, stolen by ...

Ranjana Gupta does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond ...

Several cash-strapped state and local governments are considering new taxes on not-for-profit organizations, according to a report by the New York Times. The Times listed several recent developments ...