IRS employees accept OPM federal worker buyout; How the 2025 tax season may be affected
The deadline for federal workers to accept OPM's buyout offer was on Feb. 6, but terms of resignation are different for IRS workers during tax season.
Bill would remove language from state law that says EFA money is not taxable income
Some New Hampshire lawmakers want to remove language from state law that says the money in Education Freedom Accounts, the ...
Canada5d
Income tax rates for individuals
2025 provincial and territorial income tax rates Provincial and territorial tax rates vary across Canada; however, your provincial or territorial income tax (except Quebec) is calculated in the same ...
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 ...
$7,830 IRS credit: What to know about qualifying for the Earned Income Tax Credit
The Internal Revenue Service is reminding tax filers about a key credit worth up to $7,830. The federal Earned Income Tax Credit is designed for low to moderate-income wage earners and is fully ...
The Meadville Tribune11d
Tax assistance program returns, focused on quality
For another year, the Volunteer Income Tax Assistance (VITA) program returns to Crawford County to help residents make “cents ...
CNET13d
Tax Season 2025 Is Underway: Here's Every Important Date and Deadline to Know
Of the 41 states that do impose state income tax, most adhere to the April 15 federal filing deadline. There are some exceptions. Delaware, Hawaii, Iowa, Louisiana and Virginia, have different ...
Indiatimes14d
Budget 2025 income tax: Raise 30% income tax slab; provide flat 30% deductions on gross income - here’s why
Adhil Shetty, CEO of BankBazaar, urges Finance Minister Nirmala Sitharaman to raise the 30% income tax threshold to ₹18 lakh in Union Budget 2025, restructure the tax brackets, and introduce a ...
JD Supra14d
No More City Sales Tax on Residential Rentals!
Under prior law, most cities taxed residential long term (30 days or more) rentals with rates varying depending on the local jurisdiction. This law standardizes and simplifies the tax landscape by ...
Yahoo Finance14d
Security Federal Corporation Announces Fourth Quarter and Annual Earnings and Financial Results for 2024
AIKEN, S.C., Jan. 31, 2025 (GLOBE NEWSWIRE) -- Security Federal Corporation (the “Company ... The Company reported net income available to common shareholders of $3.0 million, or $0.94 ...
blockclubchicago15d
Is Chicago A Hemp City? Alderman Pitches Case To Tax And Test THC Loophole As Opponents Skip Hearing
Hall has claimed the budget-crunched city can reap tens of millions of dollars in yearly tax revenue on a mission against “prohibition ... A loophole in 2018 federal farming legislature that legalized ...
Investopedia15d
Native Americans and Taxes: How It Works
That law means Native Americans are expected to pay federal income tax. But there’s an exception. Notably, tribal members do not pay taxes on income from lands held in trust, where the title ...