Cleveland City Council says the jump from $1,200 to $2,500 per month is the first increase in 40 years.

In this episode of Tax Notes Talk, Damien Martin and Tony Nitti of EY discuss the second three of their top six tax cases of 2025, focusing on what qualifies as a deduction in Savage v. Commissioner, ...

Are political donations tax deductible? Find out what the IRS allows, plus where state-level exceptions may apply. Read on ...