Taxes

Taxpayers must file Form 8962 if any family member was enrolled in Marketplace health insurance and IRS records show that APTC was paid to their Marketplace insurance company.

A group of Mississippi tax return preparers were sentenced to prison on February 22, 2024, for charges related to a conspiracy to prepare and file false tax returns for clients in Jackson, Mississippi.

The same relief will be available to any other California localities added later to the disaster area. The current list of eligible localities is always available on the disaster relief page on IRS.gov.

Whether you’ve been self-employed for ages or are one of many entrepreneurs to have launched a business recently, lowering your taxes is always a savvy business strategy.

The sequel to the 2016 movie starring Ben Affleck is one of 15 films to secure $61 million in 2024 production tax incentives.

Billions in tax-sheltered municipal bonds are sold to fund stadiums that enrich team owners while fueling federal deficits.

Expanded sales tax liability is a potential minefield for businesses of all sizes, especially those with ecommerce activities, requiring constant tracking and application of changing tax rates across thousands of jurisdictions in the U.S.

With new AI applications, tax professionals will have more time to focus on serving clients, staff will uplevel their skills more quickly, solo practitioners will scale more easily, and professionals will increase earnings.