An obscure provision in Donald Trump's 'big, beautiful bill' reduces the amount gamblers can deduct from taxes for betting losses.

Tax year 2026 and filing season 2027 is the target date for retiring the Filing Information Returns Electronic, or FIRE, ...

During his first term in 2017, Trump signed an executive order aimed at easing restrictions on political activity by churches. Referring to the recent IRS decision, Trump said, "Those people were not ...

The IRS is arguing clergy should be allowed to issue political endorsements from the pulpit. Doing so would be a disaster for ...

Sunday church service may be getting a little more political. On July 7, the IRS stated in a new court filing that churches can endorse political figures without risking its tax-exempt status. For ...

The Johnson Amendment has never been strictly enforced by the IRS, meaning that religious leaders have long endorsed politicians.

U.S. President Donald Trump on Wednesday welcomed the Internal Revenue Service's decision that houses of worship could ...

Although the IRS recently allowed religious organizations to address their faithful about electoral politics, the Church will ...

In court filings July 7, the IRS has largely backed down on a decades-old rule that barred churches from engaging in ...

Grant Cardone, a prominent entrepreneur and real estate investor, has once again sparked conversation with his direct remarks ...

The Clean Vehicle Credit, overhauled and extended through 2032 as part of the Inflation Reduction Act, will now end after ...

Houses of worship can now back political candidates without possibility losing their standing as tax-exempt nonprofits. That is what the ...