Failure to comply with filing requirements can lead to significant consequences, including automatic revocation of tax-exempt ...

Payroll taxes withheld from paychecks belong to the government. If the employer uses the money for something else, the IRS is ...

Amid reports the IRS may end its free Direct File program, more than 170 lawmakers are demanding it remains open.

The Treasury Department says the agreement will help carry out Trump’s agenda to secure U.S. borders and is part of his ...

Each year, tax season brings mixed feelings, with a little stress, but also a lot of anticipation. For thousands of taxpayers ...

But there is some historical precedent for stripping a school of its tax-exempt status — a measure that would have crippling effects, making the university’s endowment income taxable and disallowing ...

Analia Mountzoures, 48, of East Lyme, appeared before U.S. District Judge Kari A. Dooley in Bridgeport on Wednesday and ...

The IRS highlights key forms and tips for tax-exempt organizations ahead of the May 15 filing deadline. Here's what you need ...

Over 66 million retired Americans receive Social Security income, including roughly six million baby boomers who signed up to begin receiving benefits in 2024. While Social Security income is only ...

With IRS Enforcement Increasing in 2025, Clear Start Tax Reminds Americans They Still Have Time to Resolve Back Taxes Through Relief Programs ...

The IRS can impose penalties reaching up to $100,000, making it essential to understand the importance of timely filing.

Some folks don’t file taxes simply because they don’t earn enough, but they could be missing out on a significant tax refund.