As the 2025 tax season approaches, understanding deadlines and filing requirements is crucial. While most taxpayers have ...

Plus: First-time filers, tax refund checks, new tax-related scams, IRS job rescissions, federal estate taxes, tax filing deadlines, industry updates, and more.

Donald Trump has returned to the White House for a second term. During his first, Trump overhauled the tax code with his 2017 ...

President Donald Trump has pledged to end taxes on overtime pay, as well as other things like tips and Social Security.

While President Trump's first day back in office involved many executive orders and memorandums, none addressed estate ...

Nonprofit hospitals are exempt from federal and some state and local taxes. Therefore, in addition to providing that 24/7 care, they must meet the Internal Revenue Service (IRS) Community Benefit ...

In 2024, the federal estate tax ranges from 18% to 40%, depending on how much the value of the estate exceeds the current exemption limit of $13.61 million. In addition to the federal tax ...

For trusts and estates professionals, the big question is what will happen to the estate tax exemption with President Donald ...

The federal tax credit covers 30% of a consumer ... Most states offer property tax exemptions for solar equipment, meaning you won’t have to pay taxes on the value added to your property ...

The federal government says it is deferring the implementation of a hike to the capital gains inclusion rate to next year.