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

The U.S. Treasury Department and the IRS have released proposed regulations to update the rules for certain tax professionals ...

In pending ERC litigation, the government made a surprising concession regarding its interpretation of the partial suspension ...

Another swing and miss here. The IRS makes it clear that employees (if you receive a W-2, that means you) aren't eligible to claim the home office deduction. The Tax Cuts and Jobs Act of 2017 ...

The IRS Friday proposed rules on the commercial clean vehicle tax credit from the Democrats’ 2022 tax-and-climate law. These rules (REG-123525-23, RIN 1545-BR06) impact eligible taxpayers who place a ...

Understanding how fringe benefits are taxed can help employees maximize their benefits and avoid unexpected tax liabilities ... benefits as a recruitment or retention strategy, as these benefits ...

Whether you’re a newcomer to the world of credit or an experienced user looking to optimize your travel rewards, these rules can help enhance your understanding of credit card strategies and ...

Choosing the right credit card for your unique financial situation doesn’t have to be complicated. In an article, money expert Ramit Sethi shared his three top rules for choosing a credit card ...

The list of electric vehicles that qualify for the IRS clean vehicle tax credit has changed with the arrival of the new year. No longer linked to battery capacity, the credit of up to $7,500 is ...

WASHINGTON (AP) — The IRS boosted taxpayer services through Democrats’ Inflation Reduction Act but still faces processing ...

The 45V hydrogen tax credit aims to drive investment into the US hydrogen market and support global decarbonisation efforts. Credit: ismagilov via Getty Images. The US Treasury department announced on ...

While the company's recent gains are directly tied to the updated tax credit rules, it's important to note that the stock movement also reflects broader investor confidence in the hydrogen fuel ...