News

‘Enormous pressure.’ NC faith leaders react to IRS endorsement change
Churches can endorse candidates from the pulpit without endangering their tax-exempt status, the IRS said in a Texas court ...
A surprise IRS move on political endorsements leaves faith leaders and legal experts divided
The new IRS interpretation came after decades of debate and, most recently, lawsuits from the National Religious Broadcasters ...
What is the Johnson Amendment? What to know as IRS changes tax exemptions
A reinterpretation of a tax rule signals that houses of worship may now be able to endorse political candidates without ...
IRS workforce losses pose growing risk to businesses amid tariff-driven tax complexity
Diana Shaw of Wiley Rein LLP discusses the reduction in workforce at the IRS as detailed in a report by the Treasury ...
IRS takes a step toward giving pastors a bully pulpit
By interpreting political discussions during worship as private conversations, the IRS creates a loophole that will lead to ...
Watchdog slams OpenAI with IRS complaint — warning CEO Sam Altman is poised for windfall in violation of US tax law
A tech watchdog has lodged a formal complaint against OpenAI with the Internal Revenue Service — warning that CEO Sam Altman looks poised to reap a stake worth billions in violation of US ...
IRS to back down on controversial broker rule
A proposed IRS rule requiring decentralized crypto platforms to report user transactions has been officially withdrawn, ...
They wrote the wrong amount on a tax check — it nearly cost them $30,000 and got them fined by the IRS
There are several mistakes that you can make while filing your tax return with the IRS that could cause a delay in processing ...