State and Local Taxes March 10, 2025
WalletHub released a new study examining which states had the highest and lowest state and local tax rates to determine where residents are giving the most and least money back to their respective governments.
March 7, 2025
March 7, 2025
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March 4, 2025
Taxes August 13, 2024
New Mexico became the fourth new state that can use the IRS's new system for filing federal taxes during the 2025 tax season.
Taxes August 13, 2024
Gov. Josh Shapiro and his staff worked with the Treasury Department to bring the program to the state for the 2025 tax season.
Taxes August 12, 2024
The IRS is accelerating payments to businesses that had submitted legit claims for the ERC while continuing to weed out incorrect claims.
Taxes August 12, 2024
The fresh draft version of Form 1099-DA comes on the heels of the final regulations on crypto broker requirements being issued in June.
Taxes August 12, 2024
JD Vance didn't offer specifics on who would qualify for the tax credit if expanded from its existing maximum of $2,000 per child.
Taxes August 12, 2024
The vice president made the pledge during a rally Aug. 10 in Las Vegas, two months after her rival made his pitch at a rally in that city.
Taxes August 7, 2024
Tax pros should always enable MFA within tax software products and cloud storage services containing sensitive client data, and they should never share usernames.
Taxes August 7, 2024
The Inflation Reduction Act, or IRA, extended and expanded tax credits PDF that allow taxpayers to claim residential and energy efficient home energy credits.
Taxes August 6, 2024
The checks will be delivered to families who received the Empire State Child Credit in the 2023 tax year. Filers are eligible for the credits if they have children under age 17 and qualify for the federal child tax credit.
Taxes August 1, 2024
The case will go before the state's Supreme Court after a lower court ruled earlier this year that the tax is unconstitutional.
Taxes July 30, 2024
Between October 1, 2021, and April 1, 2023, the IRS closed 1,175 cases with disciplinary actions, for 1,068 current employees, with confirmed tax noncompliance issues.
Taxes July 26, 2024
Direct File will now be a permanent option for taxpayers in states that choose to participate, and New Jersey said it's in.