The U.S. Department of the Treasury and IRS issued the Proposed Regulations on Oct. 9, 2024, providing long-awaited guidance on entities wholly ...

If Governor Kathy Hochul’s proposal goes through, the Empire State Child Credit would increase in value up to $1,000 per ...

The Internal Revenue Service has set its calendar for the upcoming tax-filing season: Americans can start submitting their income-tax returns on Monday, Jan. 27. As people send in their 2024 federal ...

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. For the 2024 tax year (taxes filed in 2025), the credit is worth up to ...

Welcoming a new child into your family in 2024 brings joy and challenges, including navigating the complexities of tax season ...

Riverhead Town has reached a settlement with the owner of a Calverton adventure park who illegally built a go-kart track, ...