Tax planning is for everyone. Get ready today to file your 2024 federal income tax return. Planning ahead can help you file an accurate return and avoid processing delays that can slow your tax refund.
The IRS is working on implementing the Inflation Reduction Act of 2022. This major legislation will affect individuals, businesses, tax exempt and government entities by providing tax credits and deductions.
Clean vehicle credits
Determine whether your purchase of an electric vehicle (EV) or fuel cell vehicle (FCV) qualifies for a tax credit.
The Inflation Reduction Act changed a wide range of tax laws and provided funds to improve our services and technology to make tax filing easier for you.
Since the Inflation Reduction Act is a 10-year plan, the changes won’t happen immediately. We’re working to implement the law as quickly as we can.