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.

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

Further to the 2018 Federal budget announcement of the new proposed Canada Workers Benefit (CWB) (Working Income Tax Benefit, before 2019), a new information return will replace Form T2202A, Tuition ...

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 ...

Over the past few years, the US has seen a significant shift in the political sentiment surrounding sports betting and gambling, following the Supreme Court overruling a law which forbade states from ...

Our Internet filing applications are convenient, free and secure. Where possible, you should file returns electronically to avoid the delays that may occur in processing paper returns. To file your ...