IRS

The IRS says this electronic option removes a step in the paper process, which saves time and eases the burden on international taxpayers.

You just welcomed a new bundle of joy into the world. But once the euphoria has worn off, you’ll start to realize—if you haven’t already—that kids are expensive.

Many limitations have been placed on traditional tax shelters over time, but the benefits of “irrevocable life insurance trusts” (ILITs) remain intact.

The system is currently used by major tax agencies around the world, including the Internal Revenue Service's Criminal Investigation Division and multiple states' tax authorities in the U.S.

The IRS has concerns that employee stock ownership plans are being used by some wealthy taxpayers as a tax avoidance tool.

Points paid on a new mortgage are fully deductible if you meet certain tax law requirements. Notably, the acquisition debt must be secured by your principal residence and ...

At-risk freshmen and centrist groups in the GOP view the child credit as an important policy tool that has across-the-aisle support.

A new program gives eligible solar and wind facilities in low-income areas increased investment tax credits of 10% or 20%.