Taxes

President Joe Biden announced Sunday that he will step aside as the Democratic presidential nominee and endorsed Vice President Kamala Harris to lead the ticket and face former President Donald Trump in November.

As of July 14, taxpayers must sign in or register with either Login.gov or ID.me to access the FATCA registration system.

A federal court in the Eastern District of New York issued a permanent injunction yesterday against a Brooklyn, New York, tax return preparer.

The clarification would ensure that corporations that have already determined themselves to be an “applicable corporation” for purposes of the CAMT may skip Form 4626, Part V.

The agency has seen an influx of claims for the non-existent "self-employment tax credit," which is being promoted on social media.

A recent ransomware attack that impacted car dealerships prompted the IRS to alert vehicle dealers and sellers about these schemes.

tates have relied on gas taxes to provide much of the money to maintain roads and bridges. But as cars become more fuel efficient, and some Americans switch to electric vehicles, state leaders say the gas tax won’t pay the bills for much longer.

Small businesses are about to face a tax hike that will hurt workers and weaken communities if Congress does not take action.