Learn how Form 4797 helps in reporting gains from selling business property, including rental income or industrial use.

ACA compliance failures rarely come from misunderstanding the law; they come from operational and data problems that surface only at filing: midyear rehires treated as new hires, stale wage figures, ...

Mamdani administration officials said they had used new data to shrink the pool of properties potentially subject to the tax and extended the deadline for homeowners to prove city residency. By Andy ...

Dynasty trusts remove assets from a taxable estate permanently, letting wealth compound across generations without triggering a 40% estate tax at each death. The $15 million federal exemption, made ...

The Trump administration’s Internal Revenue Service is coming to Lititz for unspecified reasons, and the citizens of Lititz have received written and oral instructions regarding how to interact with ...

JACKSONVILLE BEACH, Fla. — A Jacksonville dentist who owed about $1.1 million in income taxes is facing charges of tax evasion and trying to obstruct the Internal Revenue Service, prosecutors said ...

Citing the increase in the cost of fuel, the IRS has set a higher optional standard mileage rate used to calculate the deductible costs of operating an automobile for business for the remainder of ...

Melissa Quinn is a senior reporter for CBSNews.com, where she covers U.S. politics, with a focus on the Supreme Court and federal courts. Washington — A federal judge on Monday imposed professional ...

President Trump and his family acted in bad faith in bringing a $10 billion lawsuit against the Internal Revenue Service, a federal judge ruled Monday in a scathing rebuke of the president, his ...

If you haven't claimed your potential COVID-related tax refund yet and aren't sure you'll be able to file for it before the drop-dead July 10 deadline, you may have just been thrown a lifeline. Tens ...

A Sewell man admitted in federal court to evading income taxes, failing to pay payroll taxes and fraudulently obtaining pandemic relief funds intended for struggling small businesses, according to U.S ...

People who were hit with IRS penalties during the COVID pandemic might be getting even with the taxman. That could allow them to claim thousands of dollars — or more — in refunds if things shake out ...