However, investors should be aware of two important changes in 2025. First, the income limits for traditional IRA deduction limits have increased. Second, the income limits for Roth IRA eligibility ...

With the new year comes the start to another tax season, and while the deadline to file may feel like a long way off from now, the IRS is reminding people to get ready. Taxpayers are encouraged by the ...

Taxpayers may rely on the Final Regulations as of January 10, 2025. Code Section 45V provides a tax credit for the production of clean hydrogen at a qualified clean hydrogen production facility ...

The TCJA has brought significant changes to Section 174, impacting how businesses account for research and development expenditures, but this year, more changes may be afoot Since its enactment as a ...

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Construction is expected to be complete by Q1 2027, with full operations beginning shortly thereafter. “The Crypto Tower is a pioneering development that sits at the interface of blockchain ...

The Republican-controlled U.S. House of Representatives and Senate could spell disaster for the future of the IRS. A week before Inauguration Day, a dozen GOP lawmakers introduced the Fair Tax Act ...

beginning at the intersection of East Liverpool Road and continuing east to the previously completed section of Calcutta-Smith Ferry Road. The press release said the estimated cost of the project ...

The Internal Revenue Service (IRS) is sending out another round of stimulus checks to roughly 1 million Americans who never benefited from the payments during the coronavirus pandemic. Why Is the ...

The anticipated tax reforms, from an increased standard deduction to higher limits for Section 80C, aim to provide much-needed relief amid rising costs of living. Additionally, a fairer tax ...

Approximately 1 million taxpayers will receive unclaimed rebate checks from the IRS in the coming weeks. The payments will be deposited automatically and will be up to $1,400. The payments are for ...

regarding the production tax credit (PTC) for clean fuels under Section 45Z of the Internal Revenue Code, as enacted by the Inflation Reduction Act (IRA). The guidance includes a notice of intent ...