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IRS or Treasury? Where to look for your $1,400 Recovery Rebate Credit
How is responsible for the $1,400 Recovery Rebate Credit? Check your account, tax return, or the websites for details before ...
2025 Tax Filing: Live Daily Updates, Tax Tips, News and IRS Deadlines
For the 2024 tax year (taxes generally filed in early 2025), the EITC is worth up to $4,213 if you have only one qualifying ...
Avoid this IRS impersonation scam
Imposter scams cost people billions of dollars annually. They often begin via text message. One example of a recent scam text ...
JD Supra17h
Key Highlights of the Section 761 Final Regulations and Impact on Section 6417 Direct Payments
Under Section 6417 of the Code, as enacted by the Inflation Reduction Act (IRA), certain taxpayers that fall within the statutory definition ...
JD Supra1d
Treasury Department, IRS Issue Final Regulations and Transitional Guidance for Digital Asset Industry Applicable to Decentralized Finance Platforms
On December 30, 2024, the US Department of the Treasury and IRS issued final regulations providing guidance on tax reporting requirements ...
With Tax Season Now Open, Scammers Hope You Will Fall For Their Tricks
Now that the tax filing season is open, scammers hope that distracted taxpayers will click on malicious links or provide info ...
Scott Bessent confirmed as treasury secretary, giving him a key role in extending Trump’s tax cuts
The U.S. Senate confirmed billionaire investor Scott Bessent on Monday to serve as President Donald Trump's treasury ...
Defendants Charged With Filing Over 8,000 False Tax Returns In Largest COVID Tax Credit Case To Date
The government alleges that the defendants attempted to collect more than $600 million from the scheme—the IRS paid approximately $45 million to the defendants and ...
Here are 10 takeaways from South Carolina Gov. Henry McMaster's State of the State address
Among the governor's proposals are cuts in personal income taxes, increases in teacher and law enforcement salaries, and ...
KSBW The Central Coast2d
Scott Bessent confirmed as treasury secretary, giving him a key role in extending Trump's tax cuts
The U.S. Senate confirmed billionaire investor Scott Bessent on Monday to serve as President Donald Trump's treasury secretary ... has engaged in tax avoidance by failing to pay nearly $1 million ...