The civil complaint alleges the defendants used a variety of schemes to improperly reduce their customers’ tax liabilities or ...

B.C. Finance Minister Brenda Bailey rushed Monday to pass legislation that would scrap B.C.’s consumer carbon tax before a ...

A foreign tax redetermination may require taxpayers under Large Business and International Division examination to notify the ...

This update surveys recent federal tax developments involving individuals, including court cases, rulings, and guidance issued during the six months ending October 2024.

As you file federal taxes, deductions and credits can help lower your tax bill — but they do so differently. Deductions reduce your taxable income by allowing you to subtract certain expenses ...

Most of the time, you'll probably find that any given tax credit is "nonrefundable," meaning that it can only decrease your ...

The IRS has taken the unusual step of reopening its portal for auto dealers to submit time of sale reports for EVs sold last year to fix tax troubles.

Assemblymember Michael Reilly, who represents the South Shore of Staten Island, has introduced legislation to establish a ...

Taxpayers who haven’t filed 2021 tax returns who may be eligible for a COVID stimulus payment must file it by April 15 to ...

The IRS has issued a crucial warning for taxpayers during the 2025 tax season. Understanding the circumstances that could ...

The Pennsylvania Public Utility Commission (PUC) this week voted 5-0 to approve a motion by Chairman Stephen M. DeFrank to convene a public hearing exploring the growing impact of large-scale electric ...

The president’s steep tariffs and plans to roll back tax credits could hobble one of the fastest-growing sources of ...