The ruling hinges on the corporation and trust being treated as a single entity and meeting other requirements under Regs.

TaxZerone helps businesses file W-2, 1099, and 94X forms accurately and on time for the 2025 tax year. SAN JOSE, CA, ...

It's that time of year again to file your taxes. NBC10 Responds has tips on how to do so properly and without spending a lot ...

Learn how to launch a 501(c)(3) not-for-profit by covering key areas such as IRS compliance, governance, board structure, ...

At least $1,000 will be deposited by the federal government into the new child investment accounts. Here's how to sign up.

TurboTax 's free edition lets you report W-2 income, the Child Tax Credit, the Earned Income Tax Credit, deductions for student loan interest and some interest and dividends. According to TurboTax, ...

Parents can elect to fill out the one page form 4547 to set up their account ...

Most commercial tax-prep companies have free tiers. H&R Block is one of the most popular and has an easy-to-navigate ...

The US Internal Revenue Service released Revenue Procedure 2026-8 on January 15, 2026, updating the procedures required for section ...

A Trump Account is a type of IRA for the exclusive benefit of eligible children. You'll need to opt in to get the $1,000 seed ...

The Department of Revenue and Taxation has issued additional information about the new electronic filing requirements. Prior to 2024, employers who filed 250 or more information returns were required ...

The tax agency accounts for nearly half of Treasury’s AI use cases, with a heavy focus on IT and some fraud-fighting tech, ...