Here's why you may get a bigger tax refund this year
The federal government readjusts tax brackets and the annual standard deduction each year to keep up with inflation. One positive outcome of the inflation we've experienced over t ...
Medicare Is Raising Its Part B Premium And Deductible For 2024
Expect to see Medicare grow slightly more expensive following last year’s unusual price drop. In January 2024, most U.S.
Medicare Changes In 2024: What’s New?
Changes are coming to Medicare costs and coverage in 2024. Announced in time for the annual open enrollment period, which ...
You may still be able to slash your taxable income by up to $17,300 before filing — here's how
As with an IRA, you have until April 15 to make a 2024 contribution. For the 2024 tax year, individuals can contribute up to ...
You could see this tax form for the ‘first time ever' this season, taxpayer advocate says
You could receive Form 1099-K for business payments from Venmo or PayPal this season. Here’s what taxpayers need to know.
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Treasury and IRS Release Guidance on Clean Fuel Production Credit
The U.S. Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) have released a notice of intent to propose regulations and ...
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Income tax rates for individuals
Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and benefits available to you to reduce your ...