The IRS provides several options for tax forgiveness, including an approved payment plan, an offer in compromise and spousal ...

Over my forty years or so in and around dealing rooms and financial markets, I have heard many theories as to how to approach that problem and have settled on a process that has worked for me.

Created by the Inflation Reduction Act, Direct File rolled out as a pilot in the 2024 filing season and was later made ...

The firms sought to halt the Internal Revenue Service’s (IRS) use of an automated “risk assessment model” that the IRS used to evaluate and disallow claims for the Employee Retention Credit (ERC), ...

Here's what to know about filing taxes this year and the automatic extension for Floridians, which ends Thursday, May 1.

It appears that the flood gates have opened and that the IRS is finally processing and paying claims for the employee retention credit (ERC) en ...

You may be able to claim a credit for child and dependent care services worth up to $6,000. To do this, you'll need to fill ...

However, if you didn't file your 2021 taxes by April 15, you might be wondering what happens to your IRS refund. While those ...

Harvard University, the country’s oldest continually operating college — indeed, an institution older than the United States itself — has long enjoyed a tax-exempt status with the federal ...

This federal deduction for state and local taxes — the SALT deduction, for short — has a big influence on how the tax burden is divided. It tends to help taxpayers in wealthier, more urban ...

The IRS is considering whether to rescind Harvard University's tax-exempt status, two sources familiar with the situation said. The request to look into the possibility was made by officials at ...

Students, faculty and others gathered Thursday on the Harvard University’s campus to protest President Donald Trump’s threats to revoke the university’s ability to host international students and to ...