Tax

The Golden State is poised to fall well short of its budget forecasts as the recent stock market slump erodes the state's tax takings.

The IRS's most recent study of how much taxpayers aren't paying suggests some important priorities going forward.

Johnson's plan pays for Israel aid by cutting President Joe Biden's signature Inflation Reduction Act, calling for a $14.3 billion reduction in funding for the IRS.

The Internal Revenue Service is extending two of its pandemic-related options for taxpayers and tax professionals.

The Internal Revenue Service is providing a way for businesses to withdraw incorrect claims for the Employee Retention Credit, but what about the claims that have been paid out already?

Meating their fate; write-off rip-off; a dent in his plans; and other highlights of recent tax cases.

The legislation incentivizes consumers to buy energy-efficient electric appliances, clean vehicles, rooftop-solar and home energy storage systems.

In spite of the lack of new tax legislation so far this year, taxpayers and tax preparers have plenty to focus on in preparing 2023 returns.

The cost of free file; ERC withdrawals; making money year-round; and other highlights from our favorite tax bloggers.

Most new claimants don't qualify for the Employee Retention Credit, experts say — but that hasn't stopped facilitators from promoting it.