IRS

Massachusetts has enacted an improved Child and Dependent Tax Credit in an effort to provide tax assistance to families and lessen the financial constraints on parents and caregivers.  The move is a response to the economic challenges…

The IRS and Treasury have issued guidance on the Energy Efficient Home Tax Credit to encourage eco-friendly home upgrades and support sustainability efforts. This tax credit, which was established as part of recent legislative efforts to…

The IRS has recently announced a significant adjustment in its audit focus, particularly highlighting key details that pertain to low- and moderate-income taxpayers.  This shift aims to address tax fairness and ensure compliance without…

As the tax filing deadline approaches, Californians who endured the impacts of last winter's severe storms are being reminded to complete their tax filings.  The lingering effects of the storms have left many residents facing financial…

The IRS has released game-changing guidelines affecting ticket resale markets and impacting many Americans involved. The guidelines provide clarity on tax obligations related to ticket sales in the secondary market. Previously, there had…

Montana residents are urged to act swiftly, with only nine days left to claim the lucrative Property Tax Rebate of up to $675 as part of the state's stimulus check initiative. In a bid to provide economic relief and assistance to Montana…

The Internal Revenue Service (IRS) is ramping up its efforts to ensure compliance in the ticket resale industry, intensifying scrutiny on income generated by ticket resellers. In a move aimed at enhancing tax enforcement and fostering…

An IRS official has confirmed that Washington, D.C., and California prosecutors have declined to pursue a case involving Hunter Biden's alleged tax irregularities and financial improprieties. The decision comes after months of…