Inflation Reduction Act Triggers Numerous Tax Form Changes
The passage of the Inflation Reduction Act in 2022 has triggered changes to many tax forms, tax form instructions, and other publications prior to the start of the 2023 tax filing season.According to ...
2023 Standard Mileage Rates Released, Notice 2023-3
The IRS released the optional standard mileage rates for 2023. Most taxpayers may use these rates to compute deductible costs of operating vehicles for business, medical, and charitable purposes. Some...
MD - 2023 local income tax rates released
Maryland issued 2023 local income tax rates.Generally, Maryland's 23 counties and Baltimore City levy a local income tax which the Comptroller of Maryland collect on the state income tax return as a c...
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