A new bill looks set to change the rules around the child tax credit, potentially causing millions of Americans to no longer ...

As natural disasters leave many Americans facing economic hardship, the tax code’s casualty loss deduction is providing assistance primarily to the wealthiest taxpayers. A reformed casualty ...

President Trump is clear about his opposition to “unfair” EV incentives. Tesla and General Motors stand to bear the brunt if the federal EV tax credit is eliminated.

During and after the pandemic, the ERC and other tax credits were big business for tax professionals. But the IRS denied bogus claims, and some cases are criminal.

Edmonton senior Bruce Currie is missing $32,000 in disability tax credit rebates he claims was stolen by a tax consultant who had access to his account.

With President Trump’s return, the future of the child tax credit is uncertain. Currently capped at $2,000 per child under ...

Maryland does not tax Social Security benefits, representing a major benefit for seniors in the state. For those who itemize ...

Trump is back in the White House and among the many things he wants to undo from the previous administration is the push to switch to electric vehicles.

If you missed the stimulus checks in 2021, you might be getting one this year. The IRS is sending them to 1 million people.

The IRS is distributing $2.4 billion worth of stimulus checks to taxpayers who didn't claim the Recovery Rebate Credit on ...

Safeguarding against tax-related identity theft requires a proactive approach that combines enhanced security practices, fraud prevention education and better monitoring of financial accounts. Taking ...

Noted that, Section 73 of the Central Goods and Services Tax Act, is only attracted when it appears to proper officer that any tax has not been paid or short paid or erroneously refunded or where ...