On the most basic level, artists who may not earn much or any of their income from the sale of their artistic output need to prove to the IRS that they are professionals and not just dilettantes.

For years, Republicans, including President Donald Trump, have railed against the IRS and its cadre of armed agents. Now the administration ...

The legislation it refers to made various changes to the Internal Revenue Code that made it significantly easier for the IRS ...

For federal estate and gift tax purposes, transfers are valued at the “fair market value” of the asset on the date of transfer. One of the more ...

Kentucky's nonprofit sector is more influential than you might think. Find out how these organizations are shaping the ...

Trump's second term will generate at least $30 trillion of added debt over the next decade. And that will be a calamity.

Northern Oklahoma College Tonkawa is providing free basic income tax return preparation for students, NOC employees, and area ...

If you’re not sure which ones you may qualify for, here are some common deductions and credits new tax return filers can take.

If you are at least 65 or blind, you can claim an additional standard deduction benefit worth $1,950 for 2024. The extra deduction amount is doubled if you and your spouse meet that criteria. For ...

Britain’s King Charles and Queen Camilla on Friday (February 7) hosted an Italian-themed dinner for Italian Ambassador Inigo ...

The IRS restarted processing ERC claims following a one-year pause, but it’s been slow to reduce its backlog. At one point, ...

Nickelodeon launches Avatar Studios, a dedicated studio for expanding the Avatar: The Last Airbender universe, including The ...