The municipal bond tax exemption emerged untouched Wednesday after a 17-hour House Ways and Means session on the tax portion ...

Republicans in the U.S. Congress advanced major elements of President Donald Trump's budget package on Wednesday, as key ...

A Montana-based nonprofit that works to combat antisemitism is calling on the IRS to investigate the tax-exempt status of a ...

Credit unions' federal tax exemption survived as the House Ways & Means Committee cleared Trump-backed tax cut extensions, ...

Critics of the Republican legislation warn it would make it easier for the Trump administration to strip groups' tax-exempt ...

Taxes on large foundations, including Gates, the Lilly Endowment, Ford and the J. Paul Getty Trust would rise to 10%.

Republicans in the U.S. Congress advanced elements of President Donald Trump's sweeping budget package on Wednesday after an ...

Good afternoon, Chicago. Here’s what is happening today.

U.S. Sen. Todd Young reintroduced legislation to help tracks like IMS and the Kokomo Speedway plan for future updates.

The Trump administration’s refocusing of federal resources on immigration has landed at the Chicago office of the IRS’s criminal investigation bureau, where agents accustomed to working complex ...

Thousands of taxpayers in the United States are eagerly awaiting their IRS refund for 2025. This additional income can ...