Taxpayers are starting to receive their 2025 tax documents, such as W-2s, Forms 1099 or other income documents. People who sold or disposed of digital assets using a broker might receive a new Form 1099-DA from those brokers. Examples of
Earned Income Tax Credit: A valuable credit that supports millions of families
The Earned Income Tax Credit helps communities by supporting hard working low to moderate income families. The EITC helps millions of eligible workers and families each year by reducing the amount of taxes owed and possibly increasing a refund. It’s estimated that
Enhanced tax incentives for Qualified Opportunity Zone investments in rural areas
Recent changes to Qualified Opportunity Zones enhance tax incentives for taxpayers who invest in rural areas. Investments in QOZs ultimately help improve economic growth and job creation in these communities. Under the One, Big, Beautiful Bill, there are two important