The IRS’s increased documentation requirements for Sec. 41 claims require taxpayers to specifically identify applicable business components and their costs and why their development is qualified ...

IRS eases reporting for lenders on 2025 auto loan interest under H.R. 1, allowing borrower statements in place of direct IRS ...

LLCs changing from partnership tax treatment to corporation or vice-versa may encounter issues including gain recognition.

The IRS is seeking industry input to identify contractors that can manage its employee and contractor ID credentialing program.

After decades of limiting private letter ruling issues, the IRS has steadily widened its program, providing taxpayers greater certainty.

Learn how interest from savings accounts, including HYSAs and CDs, is taxed. Understand reporting requirements and strategies ...

The tax brackets you fall into determine how much you owe the IRS at tax time. For tax year 2024 (filing in 2025), there were seven brackets: 10%, 12%, 22%, 24%, 32%, 35% and 37%. That will remain the ...

Getting out of debt is probably the most common financial goal people set for themselves. While debt settlement companies can negotiate with your creditors, most don't work with tax debt. Tax relief ...

The Chesterton Art Center is expanding for the first time in decades to create a campus in downtown Chesterton. A look back at Region businesses that closed in 2023 ...