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US updates EV tax credit rules, enabling more electric cars to be eligible
Electrek· 1 day agoThe U.S. Department of the Treasury and Internal Revenue Service (IRS) updated the EV tax credit ...
Treasury Department announces new Series I bond rate of 4.28% for the next six months
CNBC· 4 days agoSeries I bonds will pay 4.28% annual interest from May 1 through October 2024, the U.S. Department...
New EV Tax Credit Changes Could Make More Vehicles Eligible
Carscoops· 1 day agoThe U.S. Department of Treasury, the Internal Revenue Service, and the Department of Energy have ...
Guidance, Model Provide Additional Clarity for 40B Sustainable Aviation Fuel Tax Credit | JD Supra
JD Supra· 2 days agoThe U.S. Department of the Treasury and IRS released Notice 2024-37 on April 30, 2024, regarding the Sustainable Aviation Fuel (SAF) Tax Credit found...
Yellen touts success of IRS pilot program that allowed direct free filing of tax returns
NC Newsline via Yahoo News· 4 days agoWASHINGTON — The U.S. Internal Revenue Service saw a successful tax filing season, providing high...
Treasury Department Issues Guidance on Round Two of §48C Advanced Energy Tax Credit Program | JD...
JD Supra· 2 days ago...second round of allocations (Round Two) under the US Treasury’s §48C Qualifying Advanced Energy...Project Tax Credit program was released this week pursuant to IRS Notice 2024-36, with concept papers due potentially in the next 45 days...required to submit a full application, and receiving a...
IRS considers the future of its Direct File pilot
Government Executive· 6 days agoThe IRS hasn’t made a decision about whether it will field its Direct File platform long-term, Commissioner Danny Werfel says, but the tax agency is...
JD Supra: The Corporate Transparency Act – What You Need to Know
JD Supra· 1 hour agoThe CTA requires that certain entities must disclose to the Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Department</ ...
IRS acts to address wide disparity in audit rates between Black taxpayers and other filers
KSL Salt Lake City· 3 days agoA study from January 2023 involving university researchers and the Treasury Department found that ...
Can the IRS Seize Your Tax Refund? 4 Reasons They Can (and How To Avoid It)
GOBankingRates via Yahoo Finance· 5 days agoAccording to data from the IRS, the average tax refund in 2024 has been $3,011, an increase of 4.6%...
