Tax preparation is changing fast but AI still has flaws. Here's where AI tax tools shine, where they fail, and how to use them wisely.
On the most basic level, artists who may not earn much or any of their income from the sale of their artistic output need to prove to the IRS that they are professionals and not just dilettantes.
For years, Republicans, including President Donald Trump, have railed against the IRS and its cadre of armed agents. Now the administration ...
This year will be a pivotal year for tax policy and will have far-reaching consequences for our economy and democracy. It is important that the people understand what is at stake. This Tax Justice and ...
For federal estate and gift tax purposes, transfers are valued at the “fair market value” of the asset on the date of transfer. One of the more ...
The IRS restarted processing ERC claims following a one-year pause, but it’s been slow to reduce its backlog. At one point, ...
If you’re not sure which ones you may qualify for, here are some common deductions and credits new tax return filers can take.
If you are at least 65 or blind, you can claim an additional standard deduction benefit worth $1,950 for 2024. The extra deduction amount is doubled if you and your spouse meet that criteria. For ...
The legislation it refers to made various changes to the Internal Revenue Code that made it significantly easier for the IRS ...
February 11, 2025. This simple, modern full length mirror is a great beginner project with a lot of WOW factor. M ...
Lawmakers here and in Washington have long debated ending the practice of changing the clocks twice a year.
Punjab BJP chief Sunil Jakhar has criticised the AAP government, accusing it of faltering post-Delhi elections.