New tax credits are available for companies that generate clean electricity, the Biden administration announced Tuesday, ...

A lucrative tax credit for renewable energy could be hard to kill because it applies to a technologies favored by Republicans ...

The Treasury Department and the Internal Revenue Service have proposed amendments to Circular 230, which governs practice before the IRS. The amendments are the most extensive since 2014, and cover ...

Massachuseets tax-aide volunteers, who are Internal Revenue Service-certified, will prepare tax returns for low- to moderate-income taxpayers of any age free of charge from February 5 through April 15 ...

That means the standard mileage rate for business use is now 70 cents per mile, up from 67 cents in 2024. However, the IRS said that its other standard mileage rates in 2025 will remain unchanged from ...

Deadlines are approaching for employers to report employee exercises of incentive stock options and employee stock purchase plan purchases ...

This month, the Internal Revenue Service says it will distribute about $2.4 billion in outstanding stimulus check funds to ...

The move for a centralised revenue collection measure to allow the Federal Capital Territory Internal Revenue Service (FCT-IRS) to collect all revenues on behalf of the six Area Councils of the FCT ...

The Centre for Reform and Public Advocacy has kicked against the moves by the Federal Capital Territory Internal Revenue ...

The civil fraud penalty is imposed when the IRS determines that you intentionally falsified your tax return in order to evade ...

The IRS has announced a significant change in tax regulations, targeting virtual wallets like Venmo, Cash App, and PayPal.