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Clean Vehicle Credit Guidance Revises Classifications

by Taxing Subjects | Feb 14, 2023 | Tax Tips and News

As part of the Inflation Reduction Act of 2022, lawmakers made changes to the Clean Vehicle Credit that were meant to encourage the purchase of U.S.-m

California Storm Victims Get Tax Relief

by Taxing Subjects | Jan 13, 2023 | Tax Tips and News

Californians have been battered by torrential rains and flooding from a recent series of storms. To help victims recover, the Internal Revenue Service

2023 Filing Season Begins January 23

by Taxing Subjects | Jan 12, 2023 | Tax Tips and News

The wait is over for tax professionals eager to learn when the 2023 filing season will begin. Today, the Internal Revenue Service revealed they will s

IRS Addresses Final Assembly, MSRP Requirements for Clean Vehicle Credit

by Taxing Subjects | Jan 6, 2023 | Tax Tips and News

High gas prices have understandably made plug-in electric and fuel cell vehicles more attractive in recent years. While a provision in the Inflation R

IRS Pushes for More Phone Support, Hires 4,000 Customer Service Reps

by Taxing Subjects | Dec 13, 2022 | Tax Tips and News

After the 2022 tax season found the Internal Revenue Service spread thinner than ever before, the agency is taking steps to ensure that the first few

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  • IRS Digital Intake Initiative Underway
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  • SCOTUS Holds FBAR Penalty Determined on Per-Report Basis
  • IRS Announces Direct Deposit for Amended Returns
  • 2022 Special State Payments Not Taxable

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