Records also showed that she also failed to file tax returns for 2017 even though she had “significant income.” ...

Facing a rejected IRS payment can be daunting, but understanding the penalties and solutions can help you navigate this ...

The IRS issued Revenue Ruling 2023-2, which had a substantial impact on estate planning, particularly where an irrevocable ...

Over 25% of South Dakota homeowners may owe surprise taxes when they sell. Federal caps on equity gains haven’t kept pace ...

A transfer tax is a duty collected on the transfer of property from one individual or entity to another. Transfer taxes can ...

Rhode Island sellers face growing tax exposure on long-held homes. Even modest properties near Providence and the coast are ...

Oregon sellers are discovering equity isn’t always tax-free. More homes across Portland, Eugene, and Bend are triggering ...

Lawmakers noted their letter comes as “recent IRS staffing challenges caused by the Trump Administration” have complicated ...

Nevada sellers face growing tax risks as home values soar. Longtime owners are learning their equity could come with a costly ...

The IRS made clear that its revised interpretation still prohibits all non-profits from “participating” or “intervening” in a ...

The Harlem council member owes between $100,000 and $250,000 to the IRS, his 2024 annual financial disclosure shows.

The Great Wealth Transfer is upon us, but not all inherited assets are created equal. Do you really want your parent's ...