Even though the vast majority of people file their federal tax returns electronically, the IRS still receives millions of paper tax returns a year, along with other kinds of forms and correspondence sent via snail mail.
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If you’re looking to buy an EV and want the full $7,500 tax credit, you’d better move quickly. The IRS lists more than three dozen electric or plug-in hybrid passenger vehicles made in North America that now are eligible. But some won’t qualify or will get only half once new rules take effect April 18.
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Inflation may be pushing prices up, but it also may help push up your take-home pay starting next year. That’s as the IRS updated rules for 2023 this week.
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The IRS issued a statement this week indicated it would end a program and partnership that used facial recognition technology.
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