In a significant bipartisan move, lawmakers announced a proposal on Tuesday that seeks to expand the child tax credit and…
As the 2024 primary season approaches, candidates from both political parties have started to outline their tax proposals. However, the…
The IRS has once again delayed implementing a new reporting rule that would significantly impact taxpayers receiving business income through…
The Internal Revenue Service (IRS) has updated the rules for electric vehicle (EV) tax credits as of January 1, 2024,…
Being self-employed means managing your own business and taxes, which can be a bit challenging but very rewarding. This article…
Individuals who previously received a tax benefit by itemizing deductions no longer do, because taking the standard deduction is more…
Los Angeles is a city where hard-working ride-sharing drivers are the norm. Driving for a rideshare company makes you an…
Consulting a Tax preparation professional is key essential in filing your taxes the right way. The primary reason you need…
Here's a list of common tax break savings that you can take advantage of.
Maximize your tax benefits. From deductions to credits, let Local Tax walk you through the process and save time and…