IRS UPDATE June 2024

Eligible contractors who build new energy efficient homes or substantially reconstruct existing homes into qualified energy efficient homes may be eligible for a tax credit up to $5,000 per home. The exact amount of the credit depends on eligibility requirements such...

IRS UPDATE May 2024

Tax benefits for homeowners Whether someone is a current homeowner or buying a new home this summer owning a home can be expensive. There are tax benefits that can help taxpayers save money and offset some of the costs that come with homeownership. Homeowners should...

IRS UPDATE April 2024

Taxpayers who adopted or started the adoption process in 2023 may qualify for the adoption credit. This credit can be applied to international, domestic, private and public foster care adoption. Here is some basic information to help people understand this credit and...

IRS UPDATE March 2024

The Taxpayer Bill of Rights defines 10 fundamental rights of every taxpayer. One of these rights is the right to quality service. Let’s take a closer look at the right to quality service and what it means for taxpayers. Right to quality service Taxpayers have...

IRS UPDATE February 2024

Eligible seniors have many free tax filing options Whether they prepare and file their own tax returns or get in-person help, there are easy, secure and free tax filing options for seniors. In-person IRS help for seniors and low-income taxpayers Eligible taxpayers can...

IRS UPDATE January 2024

The Taxpayer Bill of Rights protects all taxpayers year-round The Taxpayer Bill of Rights is the 10 rights all taxpayers have any time they interact with the IRS. These rights cover a wide range of topics and issues, and they explain what taxpayers can expect if they...