Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of January 6, 2025 – January ...

Top Republicans are passing around a 50-page list of ideas on how to cover the cost of a tax cut and immigration crackdown bill.

Here is a list of our partners and here's how we make money. NerdWallet's editorial picks: Best employee credit cards What is an employee credit card? How do employee credit cards work?

1, 2024. The EV tax credit was overhauled in 2022 with new rules for buyer eligibility as well as battery sourcing. The complex battery requirements — aimed to lessen dependence on foreign ...

In her annual report to Congress for 2024, National Taxpayer Advocate (“NTA”) Erin M. Collins identified the processing of ...

With a new IRS Commissioner likely on the way in, IRS Commissioner Danny Werfel has announced that he is leaving the agency ...

This legislative session, Oklahoma lawmakers will consider a range of education bills spanning teacher recruitment and ...

“Under the old tax regime, government and private sector employees can claim deductions of up to 10% of their salary (basic plus dearness allowance) under Section 80CCD (1) of the Income Tax Act, 1961 ...

The Multigenerational home renovation tax credit (MHRTC) is a refundable tax credit that can be claimed on your income tax and benefit return. If you are eligible, you can claim this credit for ...

Hochul's fiscal year 2026 budget proposal includes $8 million to bolster security at the northern border and "power-ready" ...

This legislative session, lawmakers will consider a range of education bills spanning teacher recruitment and retention, ...

Employees at the Oakland-based nonprofit say management is upending the group’s values. Leader Cat Brooks says union leaders failed to include Black voices.