Lawmakers across the U.S. will be debating whether to adopt new federal tax breaks for tips, overtime and business expenses.

Nevada Congresswoman and industry leaders push for the Fair Bet Act in hopes of eliminating "unfair" taxation on gamblers.

Explore how the Canada Revenue Agency collects taxes, manages tax laws, and delivers benefits to Canadians, ensuring ...

Tax credits for renewable energy developers will be phased out under the Republican-backed federal budget bill. Advocates say the Trump administration is going too far with strict new rules before ...

Learn about IRS Publication 535, crucial for business owners to understand deductible expenses to reduce taxable income.

Discover the benefits of donating your car to charity, from tax deductions to aiding causes you support. Learn why it can be a win-win for both you and the charity.

Discover the role of tax advisors in minimizing taxes and ensuring IRS compliance in complex financial scenarios. Learn about their expertise and regulatory standards.

Learn how dividend exclusion allows corporations to avoid double taxation on received dividends, enhancing net income and growth potential.

An upcoming IRS rule change for 2026 will allow taxpayers who take the standard deduction to also deduct cash donations to ...

Got a tip on a tax dodger? The IRS Whistleblower Office has updated Form 211, allowing tips to be submitted digitally for the ...