Tax credits

People don’t typically think of research and development when they think of banks, retailers, brokers, insurance companies, hedge funds and financial service companies. However, many of these companies have large IT departments that are developing software for their own operations.

The time to start preparing for the TCJA’s affect on individual taxpayers next year is right now.

The agency is giving a break to companies in counties where there's no SHOP Marketplace coverage available.

The Internal Revenue Service is being urged to consider modifying the 1040 form to simplify claiming the Earned Income Tax Credit.

The Internal Revenue Service said Friday it’s ready to process tax year 2017 returns claiming four additional tax benefits recently renewed retroactively into law, including tax breaks related to energy conservation and production.

Despite legislation in 2015 giving the tax agency more time to double-check returns claiming the EITC and the ACTC, the process often doesn't work.

The Internal Revenue Service is beginning to release tax refunds for taxpayers who claim the Earned Income Tax Credit or the Additional Child Tax Credit after subjecting their tax returns to some extra scrutiny.

Democrats counting on an angry, anti-Trump vibe to propel them to victory in November’s congressional elections may be in for a surprise as voters begin to see the effects of last year’s tax overhaul in their paychecks.

Business owners are often surprised to learn they may be able to claim the research & development tax credit.

There’s a provision in the Tax Cuts and Jobs Act that is just now beginning to garner awareness among state governments and investors.