Current tax tips

Tax Tip 2024-59, June 20, 2024 — Mediation – also known as alternative dispute resolution – can help taxpayers resolve tax issues early and efficiently.

Tax Tip 2024-58, June 11, 2024 — The Employer-Provided Childcare Tax Credit is an incentive for businesses to provide childcare services to their employees.

Tax Tip 2024-57, June 10, 2024 — Summer wedding season has arrived, and newlyweds can make their tax filing easier by doing a few things now. A taxpayer's marital status as of December 31 determines their tax filing options for the entire year, but that's not all newlyweds need to know.

Tax Tip 2024-56, June 6, 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.

Tax Tip 2024-55, June 5, 2024 — Hobbies and businesses are treated differently when it comes to filing taxes. The biggest difference between the two is that businesses operate to make a profit while hobbies are for pleasure or recreation.

IRS tax tips from January 2011 forward.