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Teacher Expense Tax Deduction for 2022

The federal tax deduction for teacher expenses has increased for 2022.

Some States Could Tax Cancelled Student Loan Debt

You won’t pay federal income taxes on cancelled student loan debt through 2025, but there are at least 13 states that might still tax student loan debt forgiveness.

Student Loan Debt Cancellation and Taxes

Important tax news is included with President Biden's student loan debt cancellation program.

IRS Enforcement in the Inflation Reduction Act

The Inflation Reduction Act of 2022 provides $80 billion to the IRS and has some people worrying about new IRS agents and audits.

EV Tax Credits are Changing: What s Ahead

The Inflation Reduction Act multi-billion-dollar climate, tax, healthcare, and energy legislation makes key changes to electric vehicle tax credits.

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