A Section 1031 like-kind exchange is an Internal Revenue Code provision that allows a person to not pay tax on a gain when selling real property to reinvest in real property of equal or greater value.
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How the 'no tax on tips' proposal would mean the end of service fees for large groups at restaurants
A sweeping tax policy change under the One Big Beautiful Bill Act promises to school the restaurant industry on how ...
An IRS notice says employers won’t face penalties if they don’t provide a separate accounting of cash tips and overtime ...
The Treasury Department and Internal Revenue Service are issuing rules that provide hundreds of billions of dollars in tax relief to big companies and the ultrarich.
The OBBB's impacts on tax planning in 2026 are taking shape, amplifying the need for financial advisers' expertise in ...
Brex reports that the procure-to-pay (P2P) process integrates purchasing and payment, aiming for efficiency, cost savings, ...
Sen. Angus King, an independent from Maine who caucuses with the Democrats, explained why he and seven others joined ...
The higher standard deduction since 2017 has dramatically reduced itemization. But the new law provides incentive for teachers to consider whether that's feasible.
Under the plan advanced by the Rules Committee early this morning after a seven-hour meeting, GOP leaders are preparing for a ...
President Donald Trump said during a Fox News interview Monday that Republicans are drafting legislation to ensure the ...
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House votes to reopen the government, sends bill to Trump for his signature. Here’s how it unfolded.
The funding bill has already passed the Senate and it will now go to President Trump’s desk, where he’s scheduled to sign it ...
Buried in the 141-page appropriations package is language that could reshape — or dismantle — the $28 billion hemp-derived ...
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