News

Governor Jared Polis's relationship with rural Colorado has been criticized due to his controversial board appointments and ...
The slot reporting threshold is governed by an IRS regulation, so the change will not go into effect until the agency updates ...
The Internal Revenue Service announced indexing adjustments to the applicable dollar amount used to calculate employer shared ...
In our latest Ask the Editor round-up, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on new tax deductions ...
The IRS’ ability to assess penalties without giving a taxpayer the chance to first contest them in court should be curtailed in another circuit, a taxpayer said.
Churches and other houses of worship registered as tax-exempt nonprofits can endorse political candidates to their congregations, the IRS said Monday, issuing a new interpretation of the tax code.
With the passage of the One Big Beautiful Bill (OBBB), below is a summary of notable changes to the tax code for businesses, as well as an outline ...
An IRS cycle code is an 8-digit code on your IRS tax transcript that indicates the day your return was posted to the IRS Master File. Understanding this number can help you determine when your tax ...
In his op-ed “You Can’t Legislate Fertility” (June 24), Matthew Hennessey writes that “encouraging people to start families is a job for churches and civil society, not the IRS.” But ...
A surprise IRS move on political endorsements leaves faith leaders and legal experts divided About 8 in 10 U.S. adults believe churches and other houses of worship should not come out in favor of ...
The IRS this week backed off a decades-old rule that churches and other nonprofits can openly endorse political candidates without risking their tax-exempt status.