The change does not go as far as gamblers wanted, but it does provide much needed relief to a major pain point.

The IRS may revise its proposed regulations on the sourcing of income from cloud-computing transactions, an agency official said Saturday.

The new IRS interpretation came after decades of debate and, most recently, lawsuits from the National Religious Broadcasters ...

The IRS says pastors who endorse political candidates from the pulpit should not have to risk losing their tax-exempt status. The move effectively calls for a carve out for religious organizations ...

The “big, beautiful bill” extends many tax cuts enacted during the first Trump administration — and adds some new ones. Here ...

The US Treasury repeals controversial crypto tax rule, signaling a shift towards pro-crypto policies for industry growth.

The rule was introduced by former President Lyndon B. Johnson in 1954 when he was serving as the U.S. Senate majority leader.

An obscure provision in Donald Trump's 'big, beautiful bill' reduces the amount gamblers can deduct from taxes for betting ...

A small provision added to President Donald Trump’s “One Big Beautiful Bill Act” — that came to light days before the ...

The new tax law makes substantial changes for the 2025 tax year. Here are 6 new tax provisions that could help you save on ...

The new law makes marketplace insurance more expensive and harder to keep. Many, or all, of the products featured on this ...

Overall, the tax department estimates that the state is owed $3 billion in unpaid taxes including three different categories.