If current subsidies were to be continued, it’s possible people could deduct the refunds from the tax returns they file in 2027 or receive them as additional credits during 2026.
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Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. California is no stranger to wildfires. Over many years, numerous ...
There are more than 200 billionaires in California. Now, Golden State labor leaders are pushing for tax on that wealth to help pay for education and Medicaid funding shortfalls. California lawmakers ...
The IRS extended the tax deadline for all Tennessee residents due to severe storms in April. This extension was also granted to those affected by Hurricane Helene in September 2024. The new deadline ...
This is read by an automated voice. Please report any issues or inconsistencies here. A new “Jumanji” movie is among 52 film projects that were awarded production incentives for shooting in the Golden ...
Taxpayers have until Oct. 15 to file tax extensions. Extension must be filed at this time to avoid getting hit with penalties. There are several options available to file tax extensions, including ...
If you asked the IRS for six more months to work on your 2024 tax return, you’re about to run out of time. And while most IRS operations are closed and nearly half of its workforce furloughed due to ...