Republican Iowa Sen. Joni Ernst has asked Treasury Secretary Scott Bessent for the IRS to improve its technology so that people starting a business can apply for an employer identification number (EIN ...

American and non-American entrepreneurs living overseas can benefit from forming a U.S. limited liability company. LLCs are a flexible and accessible U.S. business structure that offers financial ...

The Internal Revenue Service (IRS) announced new guidance on Friday aimed at dramatically reducing examination times for corporate taxpayers while making the audit process more collaborative and ...

Trump Accounts—created under the One Big Beautiful Bill Act—are aimed at helping children build financial assets from an early age.

Starting in 2026, workers relying on tips and overtime can benefit from new IRS deductions, potentially saving thousands. The ...