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Taxes
Puerto Rico Tax Benefits for Americans: What to Know
As a U.S. territory, Puerto Rico can offer tax incentives not available on the mainland.…
Form 8396: How to Claim Mortgage Interest Credit
Form 8396 is used to claim the mortgage interest credit. This is a nonrefundable federal…
Trump Signs Dozens Of Executive Orders, Including One That Could Slow Your Refund
President Donald Trump signed dozens of executive actions on his first day in office, including…
IRS Audit Period Is 3 Years, 6 Years, Or More. Here’s How To Tell
Tax returns are annual, and getting them filed also means starting the clock ticking for…
IRS Commissioner Danny Werfel Announces Departure
IRS Commissioner Danny Werfel has announced that he is leaving the agency on January 20,…
The Money, Treasury, And Internal Revenue Service Shakeup Edition
“I will commit that for this tax season … Direct File will be operative.” That…
How To Help Those Affected By The California Wildfires–And Maybe Get A Tax Break
Wildfires in southern California have burned at least 47,000 acres in the Los Angeles area—the…
The Wild End To 2024 That Could Shake Up The 2025 Tax Season Edition
This is a published version of our weekly Forbes Tax Breaks newsletter. You can sign-up…
Spending Bill Has Something For Everyone, Including An Extension For Beneficial Ownership Information Reports
As the clock continues to tick down, Congressional leaders have finally released the text of…
In Lawsuit Settlement Agreements, Tax Language Is Very Important
Almost every legal settlement includes a full release of claims. A release may recite some…
What Will Happen To Trump’s Tax Policy Agenda?
Donald Trump’s return to the White House combined with Republican control of the Senate, and…
State Election Outcomes Mixed On Property Tax, Cannabis, And Other Ballot Measures
While federal tax questions have dominated the headlines this election cycle, state and local taxes…
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