News

Institute on Taxation and Economic Policy10h
Analysis of Tax Provisions in the House Reconciliation Bill: Preliminary National Estimates
The poorest fifth of Americans would receive 1 percent of the House reconciliation bill's net tax cuts in 2026 while the ...
Hindustan Times13d
IRS mandates weekend overtime to clear tax error backlog, internal memo sparks staff concerns
Even though this year's tax filing season is over, the Internal Revenue Service (IRS) is ordering some employees to work overtime to cover tax error backlogs. The ...
The Chronicle of Higher Education8d
These 35 Colleges Could Take a Financial Hit Under Republicans’ Expanded Endowment Tax
Taxes on endowments could increase to as much as 21 percent under a new Republican plan being considered by the Ways and ...
Investopedia6d
Who Is a Qualified Widower or Widow? Tax Filing Status Explained
"IRS Releases Tax Inflation Adjustments for Tax Year 2025." Internal Revenue Service. "Filing Status," Page 2. Internal Revenue Service. "Table 1: Does Your Qualifying Child Qualify You for the ...
WRIC ABC 8News on MSN19d
Trump says he’ll strip Harvard of tax-exempt status
President Donald Trump on Friday announced plans to strip Harvard University of its tax-exempt status, escalating his feud with the Ivy League school.
Hindustan Times28d
IRS tax refund schedule: Will your deposit arrive this week? Find out
Those who have filed their tax return online through the IRS website between March 31 and April 6 will most likely receive their refund this week. Several taxpayers all across the U.S. now want to ...
San Mateo Daily Journal10d
Judge refuses to block Internal Revenue Service from sharing tax data to identify and deport people illegally in US
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Hindustan Times15d
IRS tax refund update: Who's getting their check this week?
For those who filed their federal income tax returns in late April, the Internal Revenue Service (IRS) is expected to issue a new round of payments this week, as reported by New York Tax Concept.
Lubbock Avalanche-Journal28d
No more income taxes? Here’s what economists say about Trump statement on tariffs
"There is a chance that the money from tariffs could be so great that it would replace (the income tax ... according to Internal Revenue Service data. Meanwhile, the U.S. imported roughly ...
Investment Executive23d
Liberals’ plan for revenue from tax penalties called into question
The Liberals’ fiscal plan includes revenue from more tax penalties, which has raised eyebrows ... “In the U.S., they’re doing all they can to gut the [Internal Revenue Service],” he said, referring to ...
The Bond Buyer26d
If Harvard loses tax-exempt status, it's unlikely bondholders would pay
With the Internal Revenue Service reportedly considering whether to strip Harvard University of its tax-exempt status ... has put all the tools on the table and we should have the ability to ...
Investopedia11d
How and Where Is Revenue From Barter Transactions Recognized?
Internal Revenue Service. "Topic No. 420, Bartering Income." Internal Revenue Service. "Publication 334, Tax Guide for Small Business." Page 20. Internal Revenue Service. "Bartering and Trading?