Cost segregation can be a powerful tax strategy for real estate investors, but in New York, it’s anything but straightforward ...
Nearly two-thirds of states now have an Earned Income Tax Credit (EITC). Momentum continues to build on these credits that ...
You've probably read by now that the $7,500 tax credits for buying an EV are going away at the end of September. To be clear, this isn't a restructuring of the EV credits, they're not just changing ...
The Internal Revenue Service posted guidance just in the nick of time for some taxpayers on the treatment of research and experimentation expenses under the new tax law. On Thursday, the IRS released ...
The Republican megabill, signed by Trump on July 4, eliminated the IRA’s EV tax credits, which offered consumers up to $7,500 for purchasing a new EV and $4,000 for a used one. The credits are set to ...
The IRS has updated the terms of the phase-out of the federal tax credit for electric vehicles to give buyers a little more time to secure the $7,500 tax credit. Trump’s ‘Big Beautiful Bill’ set a ...
The IRS is asking the public to weigh in on tax preparation and filing options as it officially closes the door on Direct File, the free electronic filing tool that earned sky-high consumer experience ...
Trish Turner, head of the IRS’s digital assets unit, is leaving the agency for the private sector just as new rules concerning crypto taxes are taking effect. Turner’s departure follows similar ...
The head of the U.S. Internal Revenue Service's digital assets unit, Trish Turner, is leaving her post for the private sector just as new tax policies are set to potentially bring in a wave of crypto ...
The Internal Revenue Service issued guidance in the form of answers to frequently asked questions about the soon-to-expire tax credits for clean energy sources such as solar and wind power, electric ...
Internal Revenue Service IRS headquarters in Washington, D.C. The Internal Revenue Service is asking the public to weigh in on free tax filing options for an upcoming congressional report, amid ...
The Internal Revenue Service is no longer planning to pursue layoffs as it seeks to rebuild parts of its workforce. The tax agency is now working to plug staffing holes with hiring, reassignments and ...