On January 16, 2025, the Internal Revenue Service (“IRS”) issued Revenue Ruling 2025-4 (the “Rev. Rul.”). The Rev. Rul. provides guidance on ...

The ruling upended the practice—long enforced by municipalities in many states—of allowing the total seizure of ...

If phantom income is not properly analyzed by counsel and the court in a matrimonial case, the result perforce may be ...

Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and benefits available to you to reduce your ...

Significant life changes, business ownership, or simply a lack of knowledge about the ever-changing tax laws can make finding a trustworthy tax preparer a good idea. Just like choosing an ...

The IRS has faced intense blowback to Direct File from private tax preparation companies that have made billions from ...

The United Way of Northern New Jersey and its partners again are offering low- and moderate-income residents a way to have ...

President Donald Trump met privately with congressional Republicans at the White House on Thursday as his allies argued over ...

First, the new Stay NJ benefit, which is supposed to cut property taxes by up to 50%, capped at $6,500, for seniors who earn ...

The National Treasury Employees Union president advised all federal workers not to accept the buyout offer, which she says is ...

We test and rate the best online tax services to help you find the best one for filing quickly and accurately—and for getting ...

IRS Free File program at IRS.gov offers free tax software to those with adjusted gross incomes of $84,000 or less. Other free ...