IRS Tax Refunds Are $526 Bigger This Year: Here's Why
Tax refunds are coming in bigger this year, and you may have to thank inflation for the boost. The IRS reported that the ...
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The IRS Sent $6.2 Billion in Tax Refunds in the First Week of Tax Season 2025
The IRS started accepting 2024 tax returns on Jan. 27, and the agency posted the first statistics from tax season 2025 last ...
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Which tax bracket am I in, and how much is the standard deduction?
Each year the Internal Revenue Service (IRS) sets new income thresholds for the various tax brackets to keep up with ...
Many don't know they can claim valuable tax credit worth up to $7,830 for some families
The federal earned income tax credit celebrates 50th anniversary. Yet, IRS estimates one in five eligible taxpayers miss out ...
Early tax refunds arriving now, but IRS saw far fewer returns filed in first week
IRS processed 15.8% fewer income tax returns in the first week of the 2025 tax season than it did a year ago. Why? What does ...
The Tax Credit Worth $7,830 That Often Goes Unclaimed
The Earned Income Tax Credit (EITC) is a federal tax incentive aimed at supporting low-to-moderate-income workers.
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This tax credit is worth up to $7,830 for some, but many don't claim it. Here's how to
The Earned Income Tax Credit (EITC) offers a refundable tax credit to low-income working individuals and families. Eligibility depends on income, filing status, and qualifying children, with ...
How does having multiple jobs affect your tax return?
Story continues below More than 8.6 million people in the U.S. held multiple jobs in January, roughly 5.3% of the workforce, ...
Most states don't tax Social Security, but some still do. See the list.
Which states tax Social Security? Most states don't tax Social Security but some do. Here's which ones they are, and how they ...
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No tax on tips bill might not be necessary, Kansas House tax chair says
Kansas Senate Republicans announced their intention to end taxes on tipped income, but it might be irrelevant if the federal ...
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IRS Clarifies the Federal Income and Employment Tax Treatment of Contributions to and Benefits Paid from State Paid Family and Medical Leave Programs
As mandatory State paid family leave and paid family and medical leave (collectively “PFML”) programs have significantly expanded and proliferated ...
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How to file taxes for an LLC with no income
Form 8832 enables an LLC to change its default federal tax classification to a corporation ... Tax deductions and credits A ...