Income Tax
Latest News
IRS Updates Clean Vehicle Tax Credit FAQs
Ex-EY Executive to Take Over as Global CEO for Law Firm Dentons
Wolters Kluwer Acquires European Tech Portfolio, Including CodaBox, ClearFacts, Clearnox, Zoomit, and Flowin
IRS Chief Receives NATP’s Inaugural Vanguard Award
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Saver’s Tax Credit Helps Reward Workers for Saving for the Future
The Retirement Savings Contributions Credit, also known as the Saver's Credit, helps offset part of the first $2,000 workers voluntarily contribute to ...
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Rely on New Per Diem Rates
The government annually establishes a flat rate for certain “high-cost areas” such as New York, Chicago and Los Angeles and other major cities.
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Tough Tax Law Test for Real Estate Professionals
Generally, investors in activities such as real estate in which they don’t materially participate can only take deductions up to the amount of their passive income for the year.
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$1.7 Trillion Government Spending Package Clears Senate and House, Heads to President
On Thursday, 166 members voted by proxy, taking advantage of the pandemic-era policy that Republicans have vowed to end in the next Congress,
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Three Key Expiring Business Tax Provisions
At this time of year, Congress usually addresses a number of tax law provisions that are going off the books.
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IRS Puts $600 1099-K Threshold Rule on Hold
The Internal Revenue Service today announced a delay in reporting thresholds for third-party settlement organizations set to take effect for the upcoming tax filing season.
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When to Expect 2023 IRS Income Tax Refunds – Estimated Date Chart for Tax Refunds
This chart shows an estimated timeline for when a taxpayer is likely to receive their refund, based on information we have now, and using projections based on previous years- and depending on when a person files their return.
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Sam Bankman-Fried Released on $250 Million Bond in FTX Fraud Case
The bail package requires him to stay with his parents and submit to electronic monitoring.