Taxes
Treasury, IRS Formally Propose New Rules for Claiming Clean Energy Tax Credits
The proposed regulations include prevailing wage and registered apprenticeship requirements for clean energy projects.
Most Expensive (and Tax-Heavy) States for Millionaires in 2023
Some state income tax rates can climb over 13%, meaning some high earners pay more than 50% in taxes on a portion of their income.
AICPA Asks IRS to Address Issues with Forms 3520 and 3520-A
In comment letters sent to the IRS, the AICPA requested improvements be made to two tax returns pertaining to foreign trusts.
TaxCure and Tax Rep Network Partner to Provide IRS Representation Education and Training
In addition to IRS representation training sessions, the partnership will enable tax professionals to explore adding new revenue streams to their practices with tax resolution services.
IRS Delays New Roth 401(k) Contributions Rule
The IRS is offering relief on new 401(k) catch-up contribution rules for certain high earners. Here’s what it means for you.
IRS Hiking Interest Rates on Oct. 1
The last time the agency increased interest rates on tax overpayments and underpayments was for Q1 of this year.
Treasury, IRS Unveil Long-Delayed Crypto Tax Reporting Rules
The proposed regulations are viewed by backers as critical to policing a largely unregulated sector plagued by tax avoidance.
IRS Issues Table for Calculating Premium Tax Credit for 2024
The IRS on Aug. 23 announced 2024 indexing adjustments for important percentages under the Affordable Care Act.