Tax

New guidance explains how buyers of electric vehicles can transfer their tax credits to dealers and get advance payments that lower the cost.

Significant tax and legal issues may be triggered with some types of estate planning arrangements.

Along with the possible requirement to file paperwork for establishing the corporation in the new state, there may be changes in tax responsibilities.

Taxpayers' eagerness to use free software provided by the service to file their taxes may be exaggerated because of the way a survey was designed.

The IRS has recently unveiled proposed regulations that shine a light on the murky world of digital asset broker definitions, the intricacies of the new Form 1099-DA, and its implementation timeline.

Depend on nothing; love, law and the slammer; financial whizzes; and other highlights of recent tax cases.

Among the items now stalled are a measure to extend federal banking protections to marijuana companies operating in states where the drug is legal and negotiations to restore tax breaks for business spending on research and development.

The service is cautioning taxpayers against claiming exaggerated deductions for purported donations of artwork, as it sees a rise in such schemes.

The TE/GE Division didn't provide satisfactory answers to many of the questions it received from taxpayers, according to a new report.

The service has been working hard to implement the dozens of tax provisions contained in last year's Inflation Reduction Act, according to a new report.