Here are answers to some common questions about the “no tax on tips” proposal: Trump first proposed to end taxation on tipped ...

Knoxville officials clarified proposed sales tax increase exemptions after Knox News pointed out state law won't allow one for diapers and baby wipes.

What Does Tax-Exempt Interest Income Mean for FAFSA? You need to include tax-exempt interest on your Free Application for Federal Student Aid (FAFSA). As the instructions state, "For tax-exempt ...

Knoxville wants to increase its sales tax. The proposal exempts groceries, and Tennessee already doesn't put a sales tax on ...

Entire organizations can be completely tax-exempt. Tax-exempt does not mean you don’t have to report the income on your tax return. However, it will not be added to your taxable income on your ...

The tax bill passed by the House of Representatives on May 22, called the “One Big Beautiful Bill Act,” has more than 1,000 ...

The Supreme Court was right in concluding Wisconsin erred in saying Catholic Charities’ activities shouldn't qualify for a ...

The bill to exempt tips from federal income tax, an idea that President Donald Trump campaigned on, will now go to the House ...

In a recent letter ruling, the IRS determined that a networking organization operated and organized to provide members of the ...

Cutbacks and vague guidance threaten the IRS's ability to carry out its responsibilities, which include overseeing the ...

Some tax-exempt bond funds advertise themselves as “AMT-free” as well, meaning that they avoid muni bonds that may generate AMT liability. However, fund managers have a significant amount of ...

Following promises from both parties during the last presidential election, the "no tax on tips" policy is now one step closer to becoming a reality after passing both the House and Senate. Should the ...