The Internal Revenue Service (IRS) announced it will issue automatic payments this month to nearly one million taxpayers who didn’t claim the Recovery Rebate Credit on their 2021 tax returns. These ...

The $7,500 credit for new electric vehicles might go away under the new administration, but any change would be up to ...

Fewer than five taxpayers have claimed the alternative fuel tax credit in the last 10 years, according to Kansas auditors.

Numerous states offer their own version of a child tax credit, ranging in value from hundreds to thousands of dollars per ...

GST authorities have issued show cause notices to several property developers, questioning roughly ₹3,500 crore in input tax credit claims following a Supreme Court ruling. Developers are contesting ...

IRS Announces Special Payments Going This Month to 1 Million Taxpayers Who Did Not Claim 2021 Recovery Rebate Credit ...

Taxpayers who qualify should receive the payment by late January, according to the IRS. The estimated amount of payments ...

As the holidays come to a close, the time to file your taxes is just around the corner. And if you are a homeowner, there is ...

Officially known as the Retirement Savings Credit, this credit provides taxpayers under certain income thresholds with an ...

Inmates could see their time in prison reduced if they earn education credits or complete job training or other approved ...

Additionally, the IRS will send letters to inform recipients about their payments and how the amounts were calculated. The ...