IRS JUST announced that the nation's tax season will start on Monday, Jan. 24, 2022, when the tax agency will begin accepting and...

Say goodbye to the employee retention credit (ERC) for the fourth quarter. Lawmakers giveth, and lawmakers taketh away. In this case,...

If you hire an employee for your Schedule C business, you can qualify for several valuable tax credits. Each credit is different, and...

Obtaining a tax credit is the next best thing to paying no taxes at all. The tax code contains over 30 non-refundable tax credits for...

Compiling all the necessary documents and IRS forms, and adhering to their various deadlines, can be a daunting task that takes time away...

A tax deduction reduces the amount of income you earn that is subject to federal income tax, and a tax credit reduces your tax bill once...

Many companies sent employees home to work remotely this year due to COVID-19. If you set up a home office, you may be wondering if it...

https://www.irs.gov/newsroom/irs-unveils-new-people-first-initiative-covid-19-effort-temporarily-adjusts-suspends-key-compliance-program