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

The federal adoption tax credit for the 2025 tax year (taxes generally filed in 2026) is worth up to $17,280 (up from $16,810 for 2024). The tax benefits for adoption include a tax credit for qualified adoption expenses paid to adopt a child and an exclusion from income for employer-provided adoption assistance.

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;

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 faces a challenging 2026 tax season due to significant staff reductions. Experts warn that these cuts could severely impact the agency's performance, affecting taxpayers nationwide.

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.

There are several mistakes that you can make while filing your tax return with the IRS that could cause a delay in processing. This one resulted in a fine.

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