The Treasury Department is reportedly mulling plans for the IRS to eliminate its multilingual services, such as tax forms and ...

If you own multiple properties, it may be worth checking with your CPA to see if you meet the IRS criteria to be classified ...

Identity theft and phone scams have been a nuisance in the region lately. Multiple agencies have reached out to their ...

Double taxation is when the same income is being taxed by more than one jurisdiction, most often by two different nations. For global citizens, particularly American expats, this is a common problem ...

Dave Wannstedt joins Colin Cowherd to discuss Caleb Williams’ struggles in minicamp, whether or not Nick Saban will head to ...

Muhammad Adil Quraish, DDS, a former Air Force dentist, pleaded guilty to conspiracy to commit wire fraud relating to pandemic relief funds. From April 2020 through December 2021, Dr. Quraish worked ...

Cedric Cromwell pleaded guilty Thursday to failing to report more than $177,000 in income on his tax returns from 2014 to ...

The IRS has published a private letter ruling on IRC §1362(f), concluding that the taxpayer’s S corporation election termination on a specified date is treated as an inadvertent termination. The ...

In some restaurants, tips are already included either on all tables or large parties. The 'no tax on tips' policy will likely ...

Settlements that are usually taxed include anything that’s replacing lost wages or profits. Things like back pay or future ...

On July 4, 2025, H.R.1, or what is being called the One Big Beautiful Bill Act (“OBBBA”), was signed into law, introducing major reforms in tax ...

In our latest Ask the Editor round-up, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on new tax deductions ...