Are credit card rewards taxable?
Rewards you earn on spending may not be considered taxable income, but make sure you know all the details before it’s time to ...
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IRS Free File Software Launches for Early Tax Filers
The Internal Revenue Service (IRS) is offering an early start to taxpayers looking to get ahead with their filings this year. Beginning Friday, the IRS's Free File program, featuring guided tax ...
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Employers Can Aid Wildfire Victims with Out-of-Pocket Expenses, Paid Leave, and Through Tax-Exempt Organizations
Many individuals are in desperate need of funds due to injuries, damage, and other unexpected expenses caused by the ongoing wildfires in Los ...
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Section 45V Tax Credit Implications for Nuclear & Clean Hydrogenybg6
The U.S. Department of the Treasury Department and Internal Revenue Service newly released Section 45V hydrogen tax credit guidance now ...
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IRS service is improving, report to Congress says. But, it’s still dogged by ‘delays, frustration’
For the first time since I became the National Taxpayer Advocate in 2020, I can begin this report with good news: The taxpayer experience has noticeably improved,” Taxpayer Advocate Erin Collins wrote ...