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The IRS lost 26% of its 102,000-person workforce to layoffs and buyouts this year through early June, amid a larger effort by ...
For many, summer is a time for relaxation, fun, and adventure. But did you know that certain summertime activities might ...
The agency's agreement in a court filing formally reverses a decades-old provision of the tax code, but the motion would need ...
Churches and other houses of worship registered as tax-exempt nonprofits can endorse political candidates to their ...
Records also showed that she also failed to file tax returns for 2017 even though she had “significant income.” ...
It’s another blow to church-state separation just in time to get conservative churches revved up for the midterms.
The IRS has issued a request to taxpayers with extensions for their 2024 federal tax returns to file them in the summer months.
The move effectively calls for a carve out for religious organizations from the rarely used IRS rule called the Johnson Amendment, put in place in 1954 and named after then-Sen. Lyndon Johnson.
Each year, millions of U.S. taxpayers submit corrections to their federal tax returns through the Form 1040-X, often to amend ...
As an eBay seller, you receive payments for your goods and services through eBay. As an online marketplace, eBay is required to send a 1099-K tax form detailing these payments to the IRS and to you if ...
CBS News reports that tipped workers earning up to $150,000 (or $300,000 for couples) can deduct up to $25,000 in tips per ...
New interpretation of tax law is a win for conservative Christians who have long opposed the Johnson Amendment.