WASHINGTON — The Internal Revenue Service announced that the IRS Free File Guided Tax Software will be available Jan. 10 for taxpayers ahead of the official start of tax season later this month. Starting Jan. 10, the IRS Free File will begin accepting individual tax...
Taxes
IRS increases the standard mileage rate for business use in 2025
WASHINGTON — The Internal Revenue Service announced that the optional standard mileage rate for automobiles driven for business will increase by 3 cents in 2025, while the mileage rates for vehicles used for other purposes will remain unchanged from 2024. Optional...
Tax benefits for businesses that accommodate people with disabilities
Businesses that make structural adaptations or other accommodations for employees or customers with disabilities may be eligible to save money on their taxes. Here are the tax incentives for employers who provide accommodations for people with disabilities. Disabled...