With the 2025 tax season underway, Free File could be just what you need to get your taxes done early and only for $0.

The American Rescue Plan, enacted in 2021, aimed to provide financial relief to Americans impacted by the COVID-19 pandemic.

There was widespread confusion after the Tesla CEO claimed the program, which allows Americans to file their taxes straight ...

The IRS has faced intense blowback to Direct File from private tax preparation companies that have made billions from ...

President Biden recently signed two new laws that significantly reduce the ACA compliance burden for employers by streamlining Form 1095 reporting ...

New proposed regulations under Section 162(m) of the Internal Revenue Code would further limit deductibility of executive compensation paid by ...

On January 23, 2025, the Puerto Rico Department of the Treasury issued Internal Revenue Circular Letter No. 24-01 (CL IR 24-01) announcing ...

Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of January 13, 2025 – January ...

As a Los Angeles-based firm, we are deeply saddened by the devastation caused by the recent wildfires. We remain committed to supporting our ...

For federal estate and gift tax purposes, transfers are valued at the “fair market value” of the asset on the date of transfer. One of the more ...

The Internal Revenue Service (IRS) has released new guidance on the federal income and employment tax treatment of contributions and benefits ...

We are pleased to share the January 2025 issue of Wilson Sonsini's Sustainability and ESG Advisory Practice Update. Each issue combines news, ...