Ultimately, the deductibility of payments in lieu of penalties would depend on the facts and circumstances of each case, ...

Hartsfield-Jackson Atlanta International Airport was due to receive just over $57 million in Federal Aviation Administration grant dollars before the end of the fiscal year this month. But after ...

Political donations from an LLC to candidates, PACs, or campaigns are not deductible. Charitable contributions by an LLC are ...

Discover how the IRS 2026 tax brackets may affect your income. Find out where you stand in the new tax brackets.

La Center, WA / / October 2, 2025 / Federal Tax Credits ORG Key Takeaways Business owners can earn up to $9,600 in tax ...

Although President Donald Trump’s “One Big Beautiful Bill Act” offers new tax deductions and credits across different income levels, low-income households – the bottom 20% of income earners – are ...

The Internal Revenue Service began furloughing nearly half its staff Wednesday because of the ongoing government shutdown, ...

For startups running on little or no revenue, IRS compliance often becomes one of the most expensive line items on the books.

SIOUX CITY, Iowa (KCAU) — For the first time in almost seven years, the federal government has shut down after both Republicans and Democrats were unable to come to an agreement. This has resulted in ...

A prolonged federal government shutdown could place “significant strain on the economy” in D.C., according to the District’s ...