The owners of a vitamin supplement company shouldn’t keep getting payments for a company they bought while they and the seller owe $1.3 million in taxes, the government told a federal court Wednesday.

Vanguard Group, the largest U.S. manager of mutual fund assets, agreed to pay $40 million to settle a lawsuit claiming it ...

In the lead-up to the 2024 election, the topic of taxing unrealized capital gains came up as it was part of Vice President ...

Judge E. Kenneth Wright, who presides over the First Municipal District, and Judge Shannon O’Malley were referred for ...

Here are the latest results and updates for the 2024 election in Arkansas and who has won the state's presidential race.

A taxpayer can claim $13,000 in deductions after reporting income from a transportation business and driving for Lyft, the US ...

Three questions went to voters, and they were all about taxes. If voters give them the thumbs up, two of them will become law ...

The Supreme Court's decisions in these cases create uncertainty about challenging IRS regulations and guidance. Expect more ...

Historically, the tax assessor-collector handled voter registration and the county clerk ran elections. That changed in 2020, ...

Voters decided on possibly creating a tax court, a local option homestead property tax exemption & a personal property tax ...

Settlement agreement wording is important and can help avoid tax trouble. It does not bind the IRS, but helpful tax language in a settlement agreement can resolve audits.

For example, in Varian Medical Systems and Subsidiaries v. Commissioner (163 T.C. No. 4, 2024), the U.S. Tax Court cited Loper Bright in invalidating regulations that would have disallowed ...