Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of January 6, 2025 – January ...

Senator Elizabeth Warren sent an open letter to Department of Government Efficiency (DOGE) Chair Elon Musk, proposing ways the federal government could cut wasteful spending.

Head of the Harbor’s $2.3 million village budget for the 2025-2026 fiscal year will include money for a new code enforcement officer to assist with frequent reports of code violations while also ...

The bill would repeal a change to the Virginia code implemented in 1950 to allow Confederate organizations to operate tax-free.

As natural disasters leave many Americans facing economic hardship, the tax code’s casualty loss deduction is providing assistance primarily to the wealthiest taxpayers. A reformed casualty ...

A new bill looks set to change the rules around the child tax credit, potentially causing millions of Americans to no longer ...

Information Statements and IRS Returns Requirement to Report For (1) any exercise of an incentive stock option (ISO) during 2024 or ...

Comptroller Brooke E. Lierman announces the 2025 Tax Filing Season in Maryland, with a focus on modernizing tax collection and making it easier for Marylanders to claim the Earned Income Tax Credit ...

HMRC will overhaul the way pensioners are taxed on money they take out of their pension fund after it had to refund pensioners nearly £50 million. The average tax refund per taxpayer was £3,390 per ...

I noticed you ran something last month about Tax-Aide looking for volunteers, but what about the sites for people who need the help doing their taxes ? Have those been announced yet ? I learned last ...

HMRC has pledged to overhaul the way pensioners are taxed on money they take out of their pension fund after it had to refund pensioners nearly £50 million. The average tax refund per taxpayer was ...

This initiative aims to ensure that individuals pay the correct tax amount from the start of their pension payments.