Remove 2032 Remove CPA Remove cpas Remove Tax
article thumbnail

What to Know about Tax Savings in the Inflation Reduction Act

CPA Practice

Yet, in this case, identifying them is worth the time and effort since they can make a big difference in tax filings for eligible homeowners and business property owners. In fact, this particular legislation may help many more of your clients than CPAs realized when it was first passed in August 2022.

Tax 105
article thumbnail

Tax Tips for the 2024 Filing Season from the AICPA

CPA Practice

The 2024 tax season has officially begun; 2023 returns are now being accepted by the Internal Revenue Service (IRS) and are due Monday, April 15, 2024. The IRS expects to have more than 128 million individual tax returns filed by that deadline. Identity thieves may try to file your tax return before you have the chance to do so.

Tax 117
article thumbnail

Tax Tips for the 2024 Filing Season from the AICPA

CPA Practice

The 2024 tax season is almost over and millions of Americans are finalizing their 2023 returns, which are due to the Internal Revenue Service by Monday, April 15, 2024. The IRS expects to have more than 128 million individual tax returns filed by that deadline. There are limits on the annual credit based on the types of expenses.

Tax 96