Kelly Phillips Erb

Plus: Open enrollment for Medicare, state tax ballot outcomes, there's more than one way to sign a tax return, 2024 filing season statistics, garnishing Social Security, industry updates, tax filing deadlines, and more.

For federal budget purposes, an entitlement typically means a benefit that is guaranteed, often by law—like Social Security benefits.

Will changes to the TCJA impact you? getty As we head into 2025 with a new administration—and a new Congress—one of the questions

These white-glove services are spreading fast as a way to manage and pass on wealth. By Kelly Phillips Erb , Forbes Staff

Plus: What's expiring in the TCJA, green energy, entitlement spending (yikes!), choosing a year-end, filing deadlines, industry updates and more.

The latest decision in Mukhi v. Commissioner came after a flurry of activity involving the IRS' ability to assess certain foreign information penalties.

These white-glove services are spreading fast as a way to manage and pass on wealth.

This month, Michigan Gov. Gretchen Whitmer signed House Bill 4361 into law, making live organ donors eligible for a one-time credit of up to $10,000 to cover related expenses.

The IRS' second employee retention credit (ERC) voluntary disclosure program for businesses who want to pay back the money they received after filing ERC claims in error ends this week.

As written, H.R. 9495 would allow the Secretary of the Treasury to revoke the tax-exempt status of “terrorist supporting organizations.”