1.  Which energy credits and deductions are expiring under One Big Beautiful Bill, and what are their new termination dates?

Who is eligible to claim the EITC?  Workers may use the EITC Assistant, an online tool, to check their eligibility, which may

With tax season rapidly approaching, the IRS reminds employers that Jan. 31 is the deadline for submitting wage statements and

The Internal Revenue Service today announced Monday, Jan. 29, 2024, as the official start date of the nation’s 2024 tax

For most taxpayers, the deadline to file their personal federal tax return, pay any tax owed or request an extension

Today, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) began accepting beneficial ownership information reports. The bipartisan

Issue Number:    FS-2024-02 Inside This Issue  Here’s who needs to file a tax return in 2024 Most U.S. citizens and permanent residents who

IRS ramps up new initiatives using Inflation Reduction Act funding to ensure complex partnerships, large corporations pay taxes owed, continues

IRS, Security Summit partners warn of surge in “new client” scams aimed at tax pros as 2024 filing season approaches.

Many different factors can affect the timing of a refund after the IRS receives a return. Although the IRS issues

The IRS has announced that the shutdown begins on Saturday, November 18, 2023, at 11:59 p.m. Eastern time, in order to

The IRS has announced the e-file shutdown for Business returns. It’s scheduled to begin at 11:59 a.m. (noon) Eastern time, Tuesday,

Beginning Jan. 1, 2024, tens of millions of small businesses must comply with the Corporate Transparency Act by filing beneficial