2+ mon, 1+ week ago   (934+ words) When disaster strikes a condominium or planned community, owners often pay for common-area repairs — but don’t always get the casualty loss deduction they expect. This article addresses when deductions are allowed and how communities might restructure ownership to unlock tax…...

3+ mon, 2+ week ago   (464+ words) A federal judge in Virginia temporarily barred the Trump administration from taking steps to operate the $1.8 billion "anti-weaponization fund" while she weighs a longer-term block amid a growing number of legal challenges. Although the proposed fund is still in an…...

3+ mon, 3+ week ago   (425+ words) BEIJING — China has agreed to buy U.S. soybeans and address American access to rare earths, the White House said Sunday, touting some of the most tangible outcomes so far from a high-profile bilateral summit last week. U.S. President Donald Trump…...

4+ mon, 1+ day ago   (656+ words) A federal gasoline tax holiday as proposed by President Donald Trump would result in billions of dollars in lost tax revenue each month, independent budget analysts say. Trump told reporters at the White House on Monday that he'd seek to…...

4+ mon, 1+ week ago   (684+ words) President Donald Trump argued that his economic agenda had delivered for older Americans and lowered their costs of living as he sought to rally their support before November's midterm elections. Trump on Friday took his economic pitch to The Villages…...

4+ mon, 2+ week ago   (313+ words) The House Appropriations Committee approved further budget cuts for the Internal Revenue Service, expanding the use of artificial intelligence and data analytics to handle enforcement along with a restructuring effort that aims for greater efficiencies, while rejecting Democrats' efforts to…...

11+ mon, 3+ week ago   (1043+ words) WASHINGTON – The Federal Reserve on Wednesday approved a widely anticipated rate cut and signaled that two more are on the way before the end of the year as concerns intensified over the U.S. labor market even as inflation is still…...

5+ mon, 4+ week ago   (328+ words) The Internal Revenue Service managed to get through the tax filing season last year despite extensive budget and staffing cuts, according to a new government report, but this year will be dealing with tax changes stemming from the tax law…...

5+ mon, 2+ week ago   (325+ words) Of the roughly $26 billion left to the Internal Revenue Service from the money allotted to it by the Inflation Reduction Act, the agency has spent almost two-thirds, according to a new study. The report by the Treasury Inspector General for…...