Tax

The Internal Revenue Service and the Treasury said the payment of $1,776 for members of the military announced by President Trump last month would not be taxed.

The measures could include tariffs, new taxes on tech companies or targeted curbs on investments in the EU.

Rev. Proc. 2026-08 updates procedures for exemption from income tax on a group basis for 501(c) organizations that are under the control of a central organization.

The ballot initiative was proposed by a California union as a way to fund health care.

New OBBBA restrictions mean wealthy donors lose deductions on smaller, routine gifts. Here is how to use DAFs and donation grouping to preserve tax benefits.

You can check out but you can never leave; job experience; and other highlights of recent tax cases.

The U.S. Department of Education is delaying involuntary collections of student loan debt by garnishing wages and seizing tax refunds.

Statehouse skirmishes: the Gold Card; how returns get prepared; and other highlights from our favorite tax bloggers.

Plus, Emburse announces Invoice Tax Validation; TaxStatus releases tax prep checklist, tax return history; and other accounting tech news and updates.

Rhode Island Governor Dan McKee proposed a higher tax on millionaires to help fill a hole in the state's budget.