President-elect Trump is promising sweeping changes with his pro-growth agenda that will impact industries such as energy, ...

Ron Devine, former owner of BK Racing, was ordered to pay $31 million after the U.S. Court of Appeals upheld a judgment ...

The Employee Retention Credit (ERC) was a crucial financial lifeline for businesses during the COVID-19 pandemic. However, ...

House Oversight Committee Chairman James Comer is zeroing in on a new target after spending the last two years probing the Biden family’s “influence-peddling” schemes. Comer revealed the Committee ...

The IRS has updated and added new guidance for claiming the Energy Efficient Home Improvement Credit and the Residential Clean Energy Property Credit.

The IRS has announced January 27 as the official start of the 2024 tax filing season, introducing new tools to streamline the ...

IRS Commissioner Danny Werfel will resign to preempt Donald Trump firing him. Trump had already nominated former GOP Rep.

In a significant move to alleviate financial stress, the IRS has announced tax relief measures for individuals and businesses ...

The owner of three restaurants paid “under-the-table” wages of $1,496,417 to multiple employees and pocketed the state and ...

The following summarizes some of the available tax relief procedures for taxpayers affected by the Palisades, Eaton, Hurst, ...

With tax season approaching quickly, the Illinois Department of Revenue (IDOR) and the Internal Revenue Service (IRS) are ...