Book'im; out of Service; what a pill; and other highlights of recent tax cases.

If your mother purchased the home for $100,000 and it's now worth $800,000, gifting the home to you assumes that the tax basis in the property is $100,000, not $800,000 and/or the value at the time of ...

President Trump is floating the idea of increasing taxes on the ultra wealthy who make $2.5 million annually from 37% to 39.6 ...

Two people in Augusta are awaiting sentencing after pleading guilty to fraud crimes, according to U.S. Department of Justice.

What do you need to know about offshore real estate ownership and any associated tax reporting requirements? Are you a U.S.

As the big, beautiful tax bill winds its way through Congress, Wisconsin construction companies are watching for tax ...

Releases of immigrant children in U.S. custody have slowed dramatically since the Trump administration increased vetting of ...

On May 1, communal unrest broke out in Nainital after a 12-year-old girl was allegedly assaulted by a 60-year-old man. The ...

AARP Foundation helped more than 1 million older adults living with low income secure more than ... get started with free tax assistance. Tax-Aide is the nation's largest free tax assistance and ...

That rate will be applied to any supplemental wages, such as bonuses, up to $1 million during the tax year. If your bonus ...

Gary Farris's tax refund wasn't sent to the IRS. The tax preparer quickly fixed it after KENS 5 got involved. The IRS explains what other taxpayers can do.