The official start date of this year’s tax filing season will be Jan. 27, the IRS said Friday. That is the first day the agency will start accepting and processing 2024 income tax returns.
The U.S. Department of the Treasury and IRS issued the Proposed Regulations on Oct. 9, 2024, providing long-awaited guidance on entities wholly ...
As people send in their 2024 federal tax returns, they can expect technological upgrades, customer-service improvements and ...
Long-awaited guidance on the clean energy tax credit has landed, but questions remain for crop-based fuels as the Trump ...
Proposed new rules were issued for the tax credit for qualified commercial clean vehicles, along with guidance on claiming ...
Want to know when you can expect your tax refund in 2025? We have our estimated IRS tax refund schedule right here. It's one ...
As state lawmakers convene at the state Capitol, the Business Record will sit down with business and nonprofit advocacy ...
Filling Schedules FSI, TR, and FA in the ITR demands very careful reporting of foreign income, tax credits, as well as foreign assets. By adhering to the guidelines above and maintaining consistency, ...
The Child Tax Credit for 2024 is a tax benefit that provides financial relief to families with qualifying dependent children.
Riverhead Town has reached a settlement with the owner of a Calverton adventure park who illegally built a go-kart track, ...
Ahead of GOP takeover and calls for cuts to the tax agency, Erin M. Collins asks lawmakers to reallocate enforcement funds to ...