For years, many people who donate to charity or give a tithe to their place of worship have been unable to deduct it on their tax returns. That’s because the federal income tax deduction for ...

Witness the rising tensions at GOP town halls as demands for a lawmaker's impeachment grow amid voter frustration.

Each year, individuals and families contribute thousands of pounds of tangible personal property – such as gently used clothing, old toys, ...

The Republican Party’s big bill of tax breaks and spending cuts that Trump signed into law July 4 included what’s arguably ...

Workers who receive overtime pay can deduct only the pay that exceeds their typical rate, saving an average of $1,440 ...

On July 4, the One Big Beautiful Bill Act (OBBBA) became law and included some tweaks to the prior 2017 qualified opportunity zone (QOZ) ...

Kelly Bullis is a certified public accountant in Carson City. Contact him at 775-882-4459, on the web at BullisAndCo.com, ...

On July 4, President Trump signed into law the “One Big Beautiful Bill Act (OBBBA),” more formally known as “H.R.1 – An Act to provide ...

Billy Long ended his brief tenure as IRS commissioner Friday, posting on X that President Donald Trump will nominate him to ...

Here's how the Tax Relief for American Families and Workers Act may impact your small business today, and how to plan for ...

The One Big Beautiful Bill Act includes a tax credit for “nuclear communities” with significant nuclear-related employment.

A new $6,000 senior tax deduction under the OBBBA could help retirees save big on Social Security taxes & offer relief to ...