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IRS, Trump

Reuters on MSN · 1d

Trump welcomes IRS decision to let churches endorse political candidates

U.S. President Donald Trump on Wednesday welcomed the Internal Revenue Service's decision that houses of worship could endorse political candidates to their congregations without risking losing their status as tax-exempt nonprofits.

Salon.com on MSN · 5h

Trump’s IRS payola for churches will backfire on evangelicals

On Monday, the IRS revoked a long-standing rule that stripped tax-exempt status from churches that endorse political candidates. From a horse-race view of elections, this may not make a difference. While conservative pastors may have technically avoided the words “vote for Donald Trump” or “vote for Republicans” in the past,

USA TODAY on MSN · 5h

IRS lifts ban on churches getting involved in politics and endorsements: What to know

The rule was introduced by former President Lyndon B. Johnson in 1954 when he was serving as the U.S. Senate majority leader. It banned all tax-exempt organizations like churches and charities from “directly or indirectly” participating in politics, specifically in endorsement or opposition of candidates.

Donald Trump, Big Beautiful Bill

Accounting Today · 17h

Trump's tax bill offers planning opportunities

Tax clients are already starting to ask their accountants about the many changes in the massive One Big Beautiful Bill Act passed by Congress last week.

USA Today · 1d

Gamblers will pay more taxes in 2026 and beyond when Trump's 'big, beautiful bill' hits

President Donald Trump's tax bill, signed into law July 4, reduces how many losses a gambler can deduct. Here's how the changes will work.

The New York Times · 1d

How small provision added to Donald Trump’s ‘Big Beautiful Bill’ affects taxes for sports bettors

A small provision added to President Donald Trump’s “One Big Beautiful Bill Act” — that came to light days before the president signed the bill into law July 4 — could have a major impact on sports betting.

The Chronicle of Philanthropy2h

Trump’s ‘Big’ Bill Gives Millions of Taxpayers a New Charitable Tax Break, but Whether It Will Help Nonprofits Is Unclear

Even if the megabill boosts charitable giving, nonprofits providing social services are likely to find themselves financially ...

21hon MSN

Conservatives are asking Trump for another big tax cut

Fresh off passage of the “One Big Beautiful Bill,” some anti-tax advocates hope to push the administration to change how ...

1don MSN

What is the Johnson Amendment? What to know as IRS changes tax exemptions

A reinterpretation of a tax rule signals that houses of worship may now be able to endorse political candidates without ...

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