A reinterpretation of a tax rule signals that houses of worship may now be able to endorse political candidates without losing tax-exempt status.

A tech watchdog has lodged a formal complaint against OpenAI with the Internal Revenue Service — warning that CEO Sam Altman looks poised to reap a stake worth billions in violation of US

Real estate owners looking to sell their homes in the future may be able to avoid paying the federal capital gains tax if newly-introduced legislation passes. The No Tax on Home Sales Act, introduced Thursday by U.

A resolution repealing the IRS rule was signed into law by President Trump in April, after passing both the House and Senate with bipartisan support.

The IRS lost 26% of its 102,000-person workforce to layoffs and buyouts this year through early June, amid a larger effort by the Trump administration to shrink the federal government. The figure comes in a June 25 report from Erin Collins, the national taxpayer advocate.

The IRS said churches can endorse political candidates to their congregations without jeopardizing their tax-exempt status, according to CNBC. The move overturns a 70-year-old interpretation of the Johnson Amendment,

As inflation drives up the cost of almost everything, more Americans are turning to second jobs or weekend side gigs—whether driving for Uber after work or selling handmade crochet dolls online. While the extra income helps cover rising expenses,

Clear Start Tax Supports IRS Push to Educate Filers and Preparers on Growing Identity Theft Dangers IRVINE, CA / ACCESS Newswire / July 7, 2025 / With identity theft scams continuing to evolve, the IRS and its Security Summit partners have launched the 2025 “Protect Your Clients;