The sooner you finish your taxes, the sooner you'll receive your tax refund, if you have one coming. But even if you do tend to wait until the last moment or plan on filing an October 15 ...

Being active duty military can be complicated enough as it is. However, one tax break in particular can make the constant ...

Beginning on January 1, 2025, the standard mileage rate for the use of a personal vehicle is 70 cents per mile for business use. These rates apply to all vehicle types (including electric, ...

At tax time ... a 1099 form listing your side hustle income, or you may need to track and report your income on your own. The good news is, you can generally deduct expenses associated with your ...

The U.S. Securities and Exchange Commission and the Internal Revenue Service are among other agencies also investigating Govoni, according to Michael Goldberg, the bankruptcy trustee appointed to ...

MARIETTA — To the sound of whoops and cheers from the audience, the Cobb County Board of Commissioners voted unanimously to opt out of a cap on property taxes, noting it was less beneficial than ...

Here are some tips. The tax code is clear on this point. You may not estimate your miles driven. You must support your claimed deduction, ideally with a detailed mileage log. Your odometer reading ...

Existing guidance was already in place describing requirements for an alternative method of distributing Form 1095-B. As anticipated, the IRS did not choose to reinvent the wheel. The guidance on ...

Self-employed workers can claim their mileage deduction on their Schedule C form, rather than the ... If you’re audited, the IRS will want to see a log that includes dates, destinations and ...

However, official figures show there are plenty of high-mileage EVs in use on ... first mainstream car sold in Britain - have seen some form of free Supercharging, as did some Model X customers.

Further details on child tax credits can be found in the Instructions for Schedule 8812 (Form 1040). For 2024, both the Adoption Credit and the exclusion for employer-provided adoption benefits ...

One fast tax tip to review before filing your 2024 federal income tax return is the IRS mileage rate. It's a much-talked-about deduction, but it's also a tax break that stalls out for plenty of ...