During and after the pandemic, the ERC and other tax credits were big business for tax professionals. But the IRS denied bogus claims, and some cases are criminal.
Wondering what the different tax credits are and if you're eligible to claim any? Here's our guide to who can benefit from ...
Rules for a $7,500 tax break for electric vehicle purchases and leases recently changed, but more far-reaching changes are ...
Tax season will officially start Monday, Jan. 27. The IRS expects more than 140 million individual returns for tax year 2024 ...
The Internal Revenue Service introduced a new form to protect ineligible taxpayers from claiming the Fuel Tax Credit.
The biofuels industry is disappointed with the long-awaited guidelines for clean fuels tax credits. U.S. Treasury officials ...
As tax season approaches, it's time to gear up for filing for 2024 taxes. Here's what you should keep in mind.
Individuals earning up to $200,000, or joint filers earning up to $250,000, may be eligible to use the IRS' Direct File ...
You'll need the following information to renew your tax credits, so it's a good idea to have it to hand before you get started: Your National Insurance number Details about any changes to your ...
The 2025 tax-filing season will begin in just a couple of short weeks on Monday, Jan. 27, according to a recent announcement ...