Clean Vehicle Credit Guidance Revises Classifications
As part of the Inflation Reduction Act of 2022, lawmakers made changes to the Clean Vehicle Credit that were meant to encourage the purchase of U.S.-m
Key points to keep in mind when filing 2022 tax returns
WASHINGTON — To help taxpayers navigate the beginning of the tax filing season, the Internal Revenue Service today offered a checklist of reminders for people as they prepare to file their 2022 tax returns. From gathering paperwork to filing a tax return, these easy...
California Storm Victims Get Tax Relief
Californians have been battered by torrential rains and flooding from a recent series of storms. To help victims recover, the Internal Revenue Service
2023 Filing Season Begins January 23
The wait is over for tax professionals eager to learn when the 2023 filing season will begin. Today, the Internal Revenue Service revealed they will s
IRS Addresses Final Assembly, MSRP Requirements for Clean Vehicle Credit
High gas prices have understandably made plug-in electric and fuel cell vehicles more attractive in recent years. While a provision in the Inflation R
IRS Pushes for More Phone Support, Hires 4,000 Customer Service Reps
After the 2022 tax season found the Internal Revenue Service spread thinner than ever before, the agency is taking steps to ensure that the first few