In a proposed legal settlement, the Internal Revenue Service has agreed that it will abandon enforcement of longstanding ...

The Internal Revenue Service's plan under the Biden administration to audit high-income taxpayers appears less likely after ...

The IRS wants backup documentation to prove your expenses. You have to prove both what you bought and that you paid for it.

There’s only one known instance of a church losing its tax-exempt status because it violated the Johnson Amendment, but ...

Clear Start Tax breaks down the hidden tax risks of sudden income changes – and how to recover before penalties build up.

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