For detailed guidance, refer to IRS Publication 547, which outlines the process for claiming disaster-related losses and the associated tax implications.

The Internal Revenue Service will begin taking applications for 2026 Low Income Taxpayer Clinic matching grants from qualified organizations this Thursday, May 15, through July 14. Organizations may ...

More details are available in IRS Publication 54, Tax Guide for U.S. Citizens and Resident Aliens Abroad. If you purchase a product or register for an account through a link on our site ...

These provisions have created several new tax benefits for families who are saving for, or already paying for higher education expenses and loans. For additional information concerning these education ...

IRS Publication 514 provides a list of these countries. If you have over $10,000 in a foreign financial account, you must file Form 114 with the Financial Crimes Enforcement Network (part of the U ...

A federal judge on Monday refused to block the Internal Revenue Service from sharing immigrants’ tax data with Immigration and Customs Enforcement for the purpose of identifying and deporting ...

You can visit IRS.gov and search for Publication 523 to learn how it works. Property Tax Consequences: In many states, transferring property can trigger reassessment for property tax purposes ...

When you sell your primary home, the IRS allows you to exclude a significant ... While you can find the full details in Publication 523, to qualify for this exclusion you generally must be selling ...