Before the TCJA, alimony payments were tax deductible for the payor and taxable income for the recipient.[3] This provided a tax benefit to the payor but created a tax liability for the recipient, ...

Certain portions of future regulations that will put the proposed RMD regulations in final form will apply beginning in the 2026 distribution calendar year, according to an IRS announcement.

Certain portions of future regulations that will put the proposed RMD regulations in final form will apply beginning in the 2026 distribution calendar year, the IRS says in Announcement 2025-02.

New polling shows Republicans hold a positive view of Robert F. Kennedy Jr., but recent polling shows Americans overall are ...

While the debt service number is directly tied back to the district’s 2019 bond referendum, Wald gave two major reasons for ...

Luigi Mangione appeared to view the targeted killing of the UnitedHealthcare CEO as a symbolic takedown, asserting that he is ...

The COVID-19 pandemic exposed the vulnerability of state, local, and Tribal governments’ dependence on payments tied to ...

When users are looking for a secure service, Telegram seems to be where they defect. We saw this in 2013 when surveillance fears were raised around Kakao Talk in South Korea, and again in 2019 during ...

For information on this service, go to Submit documents online. You can find RPD forms at Forms and publications - CRA. You can complete, save, print, and mail the forms and any applicable documents ...

This is done on an IRS Form 1041 – U.S. Income Tax Return for Estates and Trusts under the current tax law. Even if the irrevocable trust is structured as an “intentionally defective grantor ...