Taxes

The Biden administration on May 3 gave carmakers a partial reprieve in finalizing electric vehicle tax credit rules.

There were about 45 sales tax holidays in 24 states in 2023 and could be even more than that in 2024.

Could tax incentives geared toward turning Hawaii short-term rentals (STRs) into long-term housing increase housing stock and decrease rents for Hawaiians? Governor Josh Green thinks so.

Original documents such as tax returns, Social Security cards, marriage certificates, birth certificates and land ownership documents need to be secured in a waterproof container in a safe space.

The recommendations would simplify filing for taxpayers and practitioners and will reduce the administrative burden on the IRS.

New guidance touches on the role farmers will play in the production of clean jet fuels and reducing emissions in the aviation industry.

The funding helps organizations provide free tax assistance to elderly and low-income taxpayers for up to three years.

Roger Ver was charged with mail fraud, tax evasion, and filing false returns in order to avoid paying at least $48 million in U.S. taxes.