Gifting Bitcoin in 2025? Learn how the IRS treats crypto gifts, what counts toward the $19,000 exclusion, when to file Form ...
Plus: What’s open at the IRS, the fight over premium tax credits, guidance on OBBBA, Social Security increases, digital taxes and tariffs, Section 179 expenses and more.
My husband and I plan to help our daughter with some of her wedding expenses. It’s my understanding an individual can give $19,000 in a year without triggering a taxable event. What is the best way to ...
Summer Kerksick waited in line for two hours Tuesday to receive a box of canned and dry goods at a food bank event for federal workers amid the ongoing government shutdown. “With my rent due next week ...
The vast majority of states don't tax Social Security benefits. The federal government does tax them, though. A handful of states don't tax any retirement income at all. Most states don't tax Social ...
WASHINGTON — Thousands of IRS employees will be furloughed as the partial government shutdown drags on, the tax-collecting agency notified employees on Wednesday. The updated IRS Lapsed Appropriations ...
The government shutdown might delay the 2026 filing season's start, one expert notes The government shutdown just added more pressure to last-minute filers. Many staffers at the Internal Revenue ...
There's a reason you've never heard of a Model T tax. No one proposed a levy on the cotton gin or a fine for using computers. America's prosperity came from embracing innovation, not taxing it. Now ...
An error has occurred. Please try again. With a The Portland Press Herald subscription, you can gift 5 articles each month. It looks like you do not have any active ...
The Internal Revenue Service continues to seek feedback regarding the draft instructions for Form 6765 and is extending the dates for reporting requirements related to the Credit for Increasing ...
France is in a giant fiscal hole. This year the government will run a deficit, where its spending exceeds its revenues, of €160bn ($190bn, or more than 5% of gdp). Investors in its bonds are nervous; ...
The inflation refund checks coming to New Yorkers’ mailboxes aren’t tax-free. State officials confirmed to Gothamist that the checks, which will start arriving this week, are subject to federal income ...