Tax Tips and News

Taxpayers with foreign bank accounts who forgot to file an annual Report of Foreign Bank and Financial Accounts (FBAR) received some good news at the

Filing an amended return used to mean completing a paper form, regardless of how taxpayers submitted the original return to the Internal Revenue Servi

In 2022, millions of Americans received special state-issued payments designed to provide economic relief to residents struggling with financial burde

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

Californians have been battered by torrential rains and flooding from a recent series of storms. To help victims recover, the Internal Revenue Service

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