Following the Republican victory in the 2024 election, tax reform and political changes are at the forefront of every ...
If you’ve ever used paid tax software, the IRS Direct File operates similarly: First, go to the Direct File webpage. After ...
The Direct File system will be open to millions of taxpayers in 25 states, up from 12 last year. But it’s unclear what will ...
As natural disasters leave many Americans facing economic hardship, the tax code’s casualty loss deduction is providing assistance primarily to the wealthiest taxpayers. A reformed casualty ...
A month before IRS Commissioner Danny Werfel resigned Jan. 20, he announced a plan to get stimulus cash to 1 million ...
Some steps like resolving input tax credit issues, automating GSTR forms, and improving refund timelines have been taken. However, challenges like multiple investigations and inaccurate data transfers ...