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.

President Trump reinstates the de minimis tariff exemption, allowing for tax-free imports on goods under a certain value ...

A Manhattan federal jury on Monday ruled in favor of Denmark's tax authority, in the first U.S. civil trial concerning the country's effort to recoup about $2.1 billion of tax refunds it claims were ...

The Department of Homeland Security is asking for the Internal Revenue Service to help crack down on immigration, according ...

President Trump pumped the brakes last week on a pledge to shut down an import tax exemption for cheap consumer goods from ...

Ryan Finley explains why the IRS’s recent advice memorandum on periodic adjustments may signal a significant change in ...

A proposal in Washington state seeks to end the delegation of rulemaking to unelected regulators in California concerning ...

The IRS updates tax brackets every year, so it's always a good idea to check whether you're close to one of the cutoff points.

On January 14, 2025, the Department of the Treasury and the Internal Revenue Service issued proposed regulations (Proposed Regulations) relating ...

Rate increases covered rising expenses, allowing heightened demand across a variety of practices to boost revenue growth into the double digits for the average law firm, according to a recent Citi ...

Schools and conferences are already moving on plans to implement revenue sharing, with some already starting to sign athletes ...

Schools are setting aside funds for revenue sharing ahead of the House vs. NCAA settlement. The fed says those funds are ...