These adjustments, announced by the IRS in October 2024, reflect an approximately 2.8 percent increase in income thresholds ...
The 2025 tax season got underway this week as the Internal Revenue Service began accepting 2024 tax returns. Those who are planning their 2025 tax strategy ...
For the 2024 tax year (taxes generally filed in early 2025), the EITC is worth up to $4,213 if you have only one qualifying ...
In Trump’s plan, income earners would also gain the tax-free benefit, a change that could destabilize the Social Security ...
Federal income tax returns are due on April 15, but there are several other important dates to remember throughout the year.
The Internal Revenue Service released in late December 2024 the covered compensation tables for plan sponsors to determine 2025 benefits for qualified plans ... according to a post by tax consultancy ...
Tax deductions, tax credit amounts, and some tax laws have changed since you filed your last federal income tax return.
The IRS has announced the start of the tax season, set for Jan. 27, and new tools and features making the filing process easier for taxpayers.
Get your forms together, it's tax season. So when will the IRS start accepting returns? What is the filing deadline in Ohio? Here's what to know.
The 2025 tax filing season will kick off on Jan. 27 amid heightened uncertainty for the IRS and the funding that supports many of its new programs. The IRS noted on Friday that taxpayers will be ...
For the 2025 tax year, the IRS is increasing the annual contribution limit for 401(k) plans by $500 from the current limit of $23,000 in 2024 to $23,500 in 2025. Those limits also apply to ...
The 2025 tax season deadline for Americans to file is April 15. Taxpayers who earned more than $5,000 on payment apps in 2024 will receive a new 1099-K form. The IRS began accepting tax filings in ...