Key Changes in Form 1040 You Need to Know: 2024 Tax Updates
Embarking on the 2024 tax season, it’s crucial to grasp the significant changes in the 2023 tax law, especially Changes…
Guide to Affordable Care Act and Premium Tax Credits
The Affordable Care Act (ACA) has revolutionized healthcare accessibility, making it crucial for individuals to understand their rights and responsibilities.…
Guide to the Taxpayer Advocate Service (TAS)
Understanding your rights and navigating the complexities of the Internal Revenue Service (IRS) can be overwhelming. In times of financial…
Failure to File Penalties, Interest, and Your Options
Tax season can be a daunting time, and understanding the complexities of Failure to file penalties and interest only adds…
Landscape of Alternative Fuel Vehicle Refueling Property Credits
In a pivotal move toward promoting environmentally friendly initiatives, the Internal Revenue Service (IRS) and the Department of the Treasury…
ERC Voluntary Disclosure Program
In a bid to tackle dubious Employee Retention Credit (ERC) claims, the Internal Revenue Service (IRS) has unveiled a groundbreaking…
Digital Assets Transactions >$10000 Reporting?
The Treasury Department and the Internal Revenue Service (IRS) have announced a pivotal change regarding the reporting of digital assets.…
IRS Free File for 2024 Available Now
As the 2024 tax season approaches, the Internal Revenue Service (IRS) has officially launched IRS Free File Guided Tax Software…
What Freelancers Need to Know About 2024 Tax Reporting on Payment Apps
In 2024, the IRS is set to roll out a significant change in its reporting requirements for third-party payment apps…
Minnesota Tax Rebates: Will the IRS Cave to Pressure and Make Them Tax-Free?
Minnesota taxpayers are on edge as the 2023 tax season approaches due to Minnesota Tax Rebates, an unexpected twist in…
Tax Credits and Deductions 2023
Navigating the complex world of taxes can be daunting, but understanding the intricacies of tax credits and deductions is crucial…
Checklist for Newly Married Couples: Tax Year 2023 Guide
Saying “I do” not only changes your relationship status but also affects your tax situation. Newly married couples embark on…