News

The IRS streamlines business tax audits with new rules that phase out slow processes and expand settlement options, starting ...
“While raising the slot reporting threshold to $2,000 is a step in the right direction, it is still inadequate," Titus, a ...
The slot reporting threshold is governed by an IRS regulation, so the change will not go into effect until the agency updates ...
Several impactful tax changes are already in force for 2025 under the One Big Beautiful Bill. Here's what taxpayers need to ...
If someone is recommending an easy "tax hack," this should be a sign to stop and do your research, or get professional advice ...
The tax code is changing again, and if you’re filing for 2025, Trump’s ‘big beautiful’ bill could mean a bigger refund next ...
In our latest Ask the Editor round-up, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on new tax deductions ...
President Trump said he's "thinking about" eliminating capital gains tax on home sales. Here's what that would mean for the ...
While the delay provides relief for brokers, the IRS remains committed to improving tax compliance in the digital asset space. The agency has emphasized that taxpayers still have an obligation to ...
Every time a slot reels in a jackpot over $1,200, the game stops, floor staff hustle over with paperwork, and a patron waits ...
The next tax-filing season — for 2025 taxes — might be one to remember, but not for reasons taxpayers would prefer. While ...
A major win for gamblers raises the jackpot reporting threshold to $2,000 next, officials confirmed this week. For gamblers ...