No Further Funding Cuts For IRS In FY24
Other than a planned repurposing of Inflation Reduction Act supplemental funding, the Internal Revenue Service saw no other cuts as the President signed off on the resolution […]
Read More
Investment Income and Expenses, (Including Capital Gains and Losses)
Read This To See If Your Social Security Benefits May Be Taxable
Pension and Annuity Income
Federal Tax Obligations of Non-Profit Corporations
Earned Income Credit
Bankruptcy Tax Guide
Basis of Assets
Tax Guide to U.S. Civil Service Retirement Benefits
Starting a Business and Keeping Records
English-Korean Glossary of Words and Phrases
Earned Income Credit (Korean Version)
Social Security and Equivalent Railroad Retirement Benefits
Tax Guide for Seniors
Information About Your Notice, Penalty and Interest
Casualty, Disaster, and Theft Loss Workbook (Personal-Use Property)
Other than a planned repurposing of Inflation Reduction Act supplemental funding, the Internal Revenue Service saw no other cuts as the President signed off on the resolution […]
Read More
The IRS has issued an announcement that addresses the federal income tax treatment of amounts paid for the purchase of energy efficient property and improvements. Taxpayers who […]
Read More
The IRS released statistics that showed 1,644 tax and money-laundering cases related to COVID fraud, totaling $9 billion investigated by the Criminal Investigation (CI). CI is the law enforcement […]
Read More
The IRS updated frequently asked questions (FAQ) on New, Previously Owned and Qualified Commercial Clean Vehicle Credits. These FAQs provide guidance on how the Inflation Reduction […]
Read More
KPMG TaxNewsFlash – United States March 20, 2024 The IRS today released Notice 2024-31 [PDF 156 KB] providing the adjustments to the limitation on housing expenses, under […]
Read More
Reflecting on the 2024 tax filing season, the IRS released major filing numbers for the season. The agency highlighted a variety of improvements that dramatically expanded service for millions of taxpayers during […]
Read More
The IRS has wrapped up the 2024 Dirty Dozen campaign, with a warning to taxpayers to beware of promoters selling bogus tax avoidance strategies. Promoters have been peddling elaborate bogus schemes to […]
Read More
Effective June 1, 2024, the Florida sales tax rate imposed on the total rent charged for renting, leasing, letting, or […]
Read More
Florida has released the severance tax rates on the production of heavy minerals and other solid minerals for 2024. From […]
Read More
The IRS has provided a waiver for any individual who failed to meet the foreign earned income or deduction eligibility requirements of Code Sec. 911(d)(1) because adverse conditions in a foreign country […]
Read More