Get all the news you need in your inbox each morning. "Looking at our internal data, we realized that one million ...

Congress has until midnight Friday to come up with a way to fund the government, or federal agencies will shutter ...

The IRS said in a release issued on December 19: "There are a number of things taxpayers can do to get ready as the end of ...

The Internal Revenue Service on Thursday announced that the 2025 standard mileage rate will go up by 3 cents per mile to 70 ...

The IRS offers a valuable service for eligible taxpayers: free tax preparation assistance. This initiative aims to ease the ...

There are Internal Revenue Service (IRS) limits for the total amount of charitable contribution deductions. Cash donations are generally limited to 60% of the taxpayer’s adjusted gross income (AGI).

To increase the revenue of the government, the Ogun State Internal Revenue Service, OGIRS, has embarked on a wide enforcement drive, to recover all outstanding tax liabilities on Personal Income ...

Rules for Charitable Giving The Internal Revenue Service (IRS) restricts the types of donations that can be made and the types of organizations that can receive them. In order to deduct charitable ...

Maskot / Getty Images Even organizations exempt from paying federal income tax must report their activities annually to the Internal Revenue Service (IRS). This requirement is outlined in the ...

Pgiam / Getty Images Schedule C: Profit or Loss from Business is an Internal Revenue Service (IRS) tax form used to report business-related income and expenses. Schedule C must be submitted with ...

President-elect Donald Trump has named Billy Long, a former Republican congressman from Missouri, to head the Internal Revenue Service ... could mean a major shift at the agency, which has ...

F.J. Jimenez / Getty Images The physical presence test is a tool used by the Internal Revenue Service (IRS) to determine whether a taxpayer qualifies for the foreign earned income exclusion when ...