Filing ITR for FY 2024-25 comes with common misconceptions that may lead to penalties or delays. This article debunks key ...

The Bureau of Internal Revenue released Revenue Regulation  15-2025 on April 29, 2025, clarifying and updating the tax rules ...

A car’s odometer tracks how many miles it has traveled. Rolling an odometer—sometimes called “clocking” or “busting ...

Millions of U.S. workers who earn tips and overtime pay may be eligible for a federal tax break when they file their 2025 ...

An IRS clarification on churches endorsing political candidates to their congregations draws praise, concern from local ...

The IRS says pastors who endorse political candidates from the pulpit should not have to risk losing their tax-exempt status.

A reinterpretation of a tax rule signals that houses of worship may now be able to endorse political candidates without losing tax-exempt status.

The IRS said churches can endorse political candidates to their congregations without jeopardizing their tax-exempt status, ...

The One Big Beautiful Bill Act (OBBBA), signed into law by President Donald Trump over the July 4, 2025, weekend, is a ...

The IRS announced Monday that churches, and other houses of worship, are allowed to endorse political candidates and still maintain their tax-exempt status.

The 'One Big Beautiful Bill Act' (OBBBA), signed by President Trump on July 4, 2025, introduces a groundbreaking change for ...