The IRS letters to current and former federal workers prompted tax experts to warn that the unpaid bills could be used as a ...

The current version of the solar tax credit was introduced as part of former President Joe Biden’s Inflation Reduction Act of ...

A $7,500 tax credit for buyers of new electric vehicles and one worth $4,000 for used EVs expire in September.

In some restaurants, tips are already included either on all tables or large parties. The 'no tax on tips' policy will likely ...

Dominic Davis, 40, pleaded guilty to conspiring with his mother, Sharita Wright, to file several false tax returns, and also to filing still more returns for himself, family members and friends, a ...

A recent spike in demand for electric vehicles ahead of soon-to-expire federal tax credits has led Connecticut to lower some ...

A $7,500 tax credit for electric vehicles has seen substantial changes in 2024. It should be easier to get because it's now available as an instant rebate at dealerships, but fewer models qualify.

Yes, tax relief services are worth it (and why) Many tax debts can be resolved quickly and easily with the IRS. For example, if the IRS has levied penalties on your overdue taxes, you may be able ...

Tax laws are constantly changing, and tax rates for pass-through business owners may change considerably in certain years. Your tax professional can help you identify these opportunities.

The tax break applies to workers who “customarily and regularly" receive tips − servers, for example. Workers can deduct up to $25,000 worth of tips, with those who make more than $150,000 per ...

If you are a taxpayer in the top federal and California tax brackets, you are also likely going to be subject to an additional 3.8% Medicare surtax on of your investment income. Keep reading to ...