These seven common deductions draw IRS scrutiny — not because they're suspicious, but because most people document them wrong ...

Changes in the tax law will have different effects on people who take the standard deduction versus high earners who itemize.

Many of the most impactful tax provisions in the "One Big Beautiful Bill" (OBBB), which President Trump signed into law on ...

COLUMBUS, Ohio —Even if you never claim a tax deduction, the federal government may still know which charities you support. Federal rules require nonprofit organizations to disclose the names of their ...

IRS can't even explain why it needs donor identities to do its job and has terrible track record, diverse nonprofits tell 6th ...

Plus: Holiday parties, booze on the beltway, a proposal to end dual citizenships, Affordable Care Act subsidies, Trump ...

President Donald Trump, who ran on lower prices, is facing some of the same problems as Joe Biden: the economy looks good, ...

The Trump administration’s attempts to calm persistent affordability concerns have encountered a “stiff opponent: the U.S.

Arizona switched from a progressive taxing system like the feds to flat tax in which everybody now pays the same low rate.

The Tribunal ruled that a mere disallowance of depreciation, with full disclosure of facts, does not attract penalty under Section ...

The philanthropy has become one of America’s biggest, but most of its giving went to charities closely tied to the world’s ...

Homeowners looking for tax breaks often hear conflicting advice about whether interest on a home equity line of credit still qualifies. When a high-profile money coach like Dave Ramsey flatly tells ...