New IRS enforcement initiative targets restaurants, salons, and other cash-heavy operations as audit risk rises in 2025 ...

Tax-exempt status is a privilege, not a right, and it should not subsidize organizations with links to terrorism,' Cotton ...

Former Real Housewives of Atlanta star Peter Thomas has officially begun his federal prison sentence after pleading guilty to failing to pay taxes. The 64-year-old restaurateur reported to the Federal ...

The bakery's owner was considering shutting down the business or refinancing her home to keep the ovens on -- after Bank of America suddenly shut down her account.

When you sell your home, you may exclude up to $250,000 of your gain from tax if you’re unmarried (or married, filing ...

Phase 4 extension of SimoN platform will enhance tax compliance capabilities and provide critical support for the agency's modernization and predictive analytics goals.

To calculate your RMD, simply divide the account balance by the life expectancy factor. Therefore, $1 million divided by 24.6 ...

If you've been considering an electric vehicle or plug-in hybrid recently, now might be your best chance of getting a good ...

My husband of 59 years died in 2023 at 83 years of age. I was the beneficiary of his 401(k), which was still administered by his employer as a retiree. We had already taken the necessary required ...

Winnebago County authorities are warning of another scam making the rounds in east-central Wisconsin, this one having to do with sweepstakes winnings.

Texas Rep. Nate Schatzline recently stood before a gathering of conservative activists just outside Fort Worth, recapping legislative wins and previewing what’s next at the Capitol. On this day, ...

Spotlight PA is an independent, nonpartisan, and nonprofit newsroom producing investigative and public-service journalism ...