Taxes
Tax Central: Your essential source for the latest in tax laws, filing tips, and deductions. Ideal for navigating complex tax requirements with ease.
US 25% Duty and MFN Duties Drawn Into Executive Order Debate
Trade updates for 2026 include a new 18% reciprocal tariff on Indian goods and Mexico's MFN duty hikes up to 50%. These changes impact 'landed costs' for businesses, requiring careful…
Brazil to Levy 3.5% Tax on Stablecoin Purchases
The Brazilian Ministry of Finance is drafting a decree to apply a 3.5% IOF tax on stablecoin transactions.…
Treasury, IRS Issue New Rules for Solar Tax Credits and Foreign Entities
New IRS interim guidance establishes the MACR framework to regulate foreign entity involvement in U.S. clean energy projects.…
USPS Postmark Deadline Could Affect Your Tax Filings
New USPS rules tie postmarks to automated processing dates rather than drop-off times. This shift, effective late 2025,…
IRS Audit Triggers Include Income Mismatches and Missing Key Forms
The primary IRS audit trigger for 2026 tax returns is the mismatch between reported income and third-party data.…
IRS Refund Delays Linked to Direct Deposit Errors and Executive Order 14247
This guide outlines how to prevent 2027 refund delays by choosing the correct tax forms (1040 vs 1040-NR)…
U.S. Firms Bore Nearly 90% of Tariff Costs, New York Fed Study Finds
The New York Fed reports that 2025 tariffs primarily increased costs for U.S. consumers and businesses. This shift…
Agreement on Reciprocal Trade to Cut Tariffs on US Goods
A landmark 2026 trade agreement between the U.S. and Taiwan adjusts tariffs and market access. Key impacts include…
Interim Tax Credit Rules Target China’s Clean Energy Influence
The IRS has released Notice 2026-15, setting interim rules that restrict clean energy tax credits for projects with…
IRS Alerts Cryptocurrency Investors to Report Taxable Income
The IRS treats cryptocurrency as property, taxing disposals as capital gains and rewards as ordinary income. Taxpayers must…