The new IRS app makes it easier to access IRS services and take care of routine tax needs from your phone. To make sure you have the official IRS app, start at IRS.gov and use the verified links to the Apple app store or Google Play. This new app replaces IRS2Go. When you open the app, [...]
This article was published by the IRS. Parents and families may be eligible for one or more available tax credits that could reduce their tax bill. Each credit has different eligibility criteria. The first step is ensuring each child has a Social Security number. To qualify for any of the various credits, the child and taxpayer [...]
This article was published by the IRS. New Schedule 1-A and Form 1040 instructions show how taxpayers will claim important deductions The Internal Revenue Service published, for tax year 2025, a new schedule that taxpayers will use to realize important tax benefits of the One, Big, Beautiful Bill, including no tax on tips, no tax on [...]
Room occupancy excise tax must be collected and paid for room rentals of 90 days or less, as well as hotels, motels, B&Bs, and lodging houses. The tax also applies to the short-term rental of a property for 31 days or less. The owner of short-term rental property is required to register each property through Mass [...]
This article was published by the IRS. A tax credit reduces the amount a person owes in income taxes dollar-for-dollar. Some tax credits are even refundable, meaning if a person's tax bill is less than the amount of a refundable credit, they can get the difference back in their refund. The One, Big, Beautiful Bill has [...]
