It's tax season, and if you've received an unfamiliar income form this year, it might be a 1099 tax form. A 1099 form is used ...
The IRS launched the pilot program known as Direct File in 2024 so that people can file their tax returns directly with the federal government.
An affordable-housing deal that uses federal LIHTC funding is much more likely to achieve other key sources of financing for ...
Canadians who emigrate to the United States or elsewhere face many decisions and considerations associated with departure, but careful tax ...
High-income households and profitable corporations would grow even wealthier under Republican proposals for trillions of ...
The TAS Act aims to modernizing the IRS, has bipartisan support and open for public comment until March 31, 2025.
In this episode of Tax Notes Talk, Tax Notes investigations editor Lauren Loricchio discusses security concerns regarding tax ...
The 2024 mileage rate for use of your vehicle to do volunteer work for certain charitable organizations is 14 cents a mile.
What is the Earned Income Tax Credit? The earned income tax credit (EITC) is a federal tax break for low- and moderate-income workers with or without children. Also known as the earned income ...
As the tax filing season begins, residents who are eligible for the Earned Income Tax Credit are reminded that Michigan’s EITC was boosted in 2023. Public Act 4 of 2023 expanded the Michigan EITC from ...
A flat tax would reduce the IRS' workload, allowing for tax collection with only a fraction of the current 100,000 IRS ...