The IRS has faced intense blowback to Direct File from private tax preparation companies that have made billions from charging people to use their software.
“The benefits of the deduction go primarily to high-income taxpayers because high-income taxpayers tend to itemize more often, and the value of the deduction increases with the price of a home,” ...
A woman was recently sentenced to a total of 3 months in prison in connection with a pandemic-benefit money laundering scheme ...
Digital goods are currently taxed in 31 states. The large market states where such products and services are generally not subject to tax, ...
The owner of a Fairmont tax preparation and insurance sales business has been sentenced to three years in federal prison for ...
The Virginia Senate has passed SB1307, which would revive the discussion over increasing sales tax, in order to pay for ...
Maryland Gov. Wes Moore (D) on Tuesday announced a plan to raise income tax rates for the state’s wealthiest residents, money that would help close a looming $3 billion budget deficit and fund ...
The House of Delegates and Senate are presenting a united front in pending budget negotiations with Gov. Glenn Youngkin on ...
Discover essential resources for Virginia small businesses that could transform your entrepreneurial journey—uncover what ...
Barbara Null, James City County Board of Supervisors, Stonehouse District, was recently appointed by Gov. Glenn Youngkin to ...
The Internal Revenue Service has set its calendar for the upcoming tax-filing season: Americans can start submitting their income-tax returns on Monday, Jan. 27. As people send in their 2024 ...
Several states tax grocery store purchases and some let their local governments tack on an additional grocery tax as well. Do you live in one of them?