The Internal Revenue Service reminds low and moderate-income taxpayers that they can save for retirement now and possibly earn a special tax credit in 2024 and years ahead. [...]

The Internal Revenue Service announced that interest rates will remain the same for the calendar quarter beginning Jan. 1, 2024. For individuals, the rate for overpayments and underpayments [...]

Employers who hire people from certain groups can reduce the tax they owe when they claim the Work Opportunity Tax Credit on their federal tax return.

401(k) limit increases to $23,000 for 2024, IRA limit rises to $7,000

Tax Pro Account is a digital self-service portal for tax professionals to manage authorized relationships with their clients and view clients' tax information.

Following a dramatically improved 2023 filing season thanks to Inflation Reduction Act (IRA) investments, the Internal Revenue Service has targeted IRA resources on strengthening enforcement, with announcements on [...]

The deadline is around the corner for taxpayers with an extension to file. Taxpayers need to gather all their records and get copies of any missing documents before [...]

Employers that offer educational assistance programs can also use those programs to help pay their employees' student loans. Assistance Though educational assistance programs have been available for many [...]

Beginning Jan. 1, 2024, businesses that file 10 or more information returns must e-file Form 8300, Report of Cash Payments Over $10,000, instead of filing a paper return. For [...]

Eligible contractors who build or substantially reconstruct qualified new energy-efficient homes may be eligible for a tax credit of up to $5,000 per home. The actual amount of [...]