Leaked Memo Shows Republicans Considering Sweeping Tax Changes
The 50-page list of suggestions from House Budget Committee Republicans includes tax increases for single parents, students ...
24/7 Wall St5h
Want Almost $14,000 per Year in Dependable Passive Income? Invest $25,000 in These 4 Stocks
Investing $25,000 in each of these four stocks will provide investors with over $14,000 per year in passive income.
Accounting Today5h
Congress reintroduces bill to extend tax relief after natural disasters
Lawmakers in the House and Senate reintroduced bipartisan legislation backed by the AICPA to provide faster filing relief to ...
JD Supra7h
Inflation Reduction Act Guidance: IRS and Treasury Release Final Regulations on the New Tech-Neutral Clean Energy Tax Credits
On January 15, 2025, the Internal Revenue Service (the “IRS”) and the Department of the Treasury (“Treasury”) published final regulations ...
Trump’s First Day Back And The Impact On Tax And Estate Planning
While President Trump's first day back in office involved many executive orders and memorandums, none addressed estate ...
JD Supra8h
US Treasury and IRS Unveil Proposed Regulations for Commercial EV Tax Credit, Sparking Questions on Recapture Provisions
On January 10, the US Treasury Department (Treasury) and the US Internal Revenue Service (IRS) released proposed regulations under Section 45W of ...
When can Wisconsinites start filing their taxes in 2025?
And, filing taxes might be a little easier for Wisconsinites this year with a new, free direct-file tool from the agency. You ...
Tax season 2025: When are employers required to provide employees W-2s?
Even if you don’t receive your Form W-2 before the filing deadline of April 15, you still must file your return on time, ...
U.S. Sen. Bernie Moreno introduces bill to fund Trump’s External Revenue Service
WASHINGTON, D. C. - U.S. Sen. Bernie Moreno introduced his first piece of legislation on Tuesday - a bill aimed at funding ...
The Chronicle of Philanthropy10h
Coalition Will Fight New Taxes on Nonprofits
Dozens of nonprofit associations have come together as the broader tax-exempt sector braces for increasing scrutiny.
Free File program now open; Direct File available starting Jan. 27 for taxpayers in 25 states
The Internal Revenue Service today announced that the nation’s 2025 tax season will start on Monday, Jan. 27, 2025, and will feature expanded and enhanced tools to help ...
What Taxpayers Should Know About Big Changes to Form 1099-K Reporting
The millions of Americans with revenue-generating side hustles and casual sellers may be in for a big surprise this January—an unexpected tax form called the 1099-K. Payment platforms, apps and online ...