Tax Blog

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

High gas prices have understandably made plug-in electric and fuel cell vehicles more attractive in recent years. While a provision in the Inflation Reduction Act of 2022 is designed to make the switch less of a financial burden, there is confusion surrounding some of the new requirements for the Clean Vehicle Credit.… Read more about IRS Addresses Final Assembly, MSRP Requirements for Clean Vehicle Credit (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…