The proposed regulations would cover admissions, educational policies, scholarships, and more.

Treasury and the IRS just proposed a rule that could strip tax-exempt status from up to 18,000 private schools over racial ...

Taxpayers who were unsure whether they qualified or how much they could claim will likely have an easier time when they file their 2026 tax returns, experts say.

The Treasury has proposed regulations that would strip thousands of private schools of their tax-exempt status and threaten a ...

Revised FAQs for the business interest deduction explain changes to adjusted taxable income, floor plan financing, capitalization rules, and CFC inclusions.

The rules ( TD 10054; RIN 1545-BR75) implement the newly created tax break from the multitrillion-dollar law that President ...

The IRS has clarified how workers can claim the federal tax deduction for qualifying overtime pay, including new reporting requirements for employers. The IRS updated its frequently asked questions on ...

On August 6, 2026, the Internal Revenue Service (IRS) released a fact sheet with updated guidance in the form of frequently asked questions (FAQs) ...

Long-term care insurance can offer significant tax benefits, making it a financially savvy choice for those planning for the ...

While donating stock is a clear win for clients to avoid capital gains taxes, gifts of property require a qualified appraisal ...

“No tax on tips” sounds simple. For employers, it isn’t. Starting in 2025, employees who received tipped income can now take ...