As these tax-exempt vehicles transform philanthropy, they’re drawing more scrutiny. Will Congress or the Trump administration tinker with the rules that encouraged their rapid growth?
President Trump recently repeated his pledge to eliminate the 63-year-old law, which bans charities from engaging in political activities, at the National Prayer Breakfast.
Given Trump's substantial conflicts of interest, the foundation's admission of self-dealing should sound a warning to both the president-elect and voters as he takes the oath of office.
Million of taxpayers receive notices from the IRS about unpaid tax debts. Believe it or not, the agency understands.
Research suggests some features of tax software can lead us to make more aggressive judgments when we file our returns, which could make an audit more likely.
Federal networks need stronger cybersecurity measures than most organizations, but have not yet gotten the budget or staffing commitments that would protect them properly.
The vast majority of us will get a refund from the federal government, while the odds of an audit or worse are akin to getting struck by lightning.