As the clock ticks down to the end of 2025, the impending sunset of key provisions of the Tax Cuts and Jobs Act (“TCJA”) ...
Through February 2025, the average tax refund was $3,182. That's a 6.3% increase from the same period in 2024.
Still waiting on your 2025 tax refund? Internal Revenue Service layoffs could cause delays. More than 6,000 IRS employees are expected to be laid off as Tax Day approaches in just 50 days ...
Tax season isn’t the most joyful time of year, but it’s certainly one of the most important. With the filing deadline ...
Republicans need to stop floundering over procedural details and pass significant tax cuts by April or May to affect the 2025 economy. The path forward is straightforward: focus on growth-oriented ...
And now that the IRS updated the income tax brackets and the standard deduction for 2025, your paycheck might have a little more money included this year or your tax bill could decrease next year ...
For tax year 2024 (filing in 2025), there are seven brackets: 10%, 12%, 22%, 24%, 32%, 35% and 37%. That will remain the same for tax year 2025 (filing in 2026), but the IRS adjusts the income ...
In this episode of PennyWise, host Nat Cardona teams up with tax expert John Kiernan, Managing Editor at WalletHub. John ...
A guide to tax rates, brackets, refunds, deductions, credits, deadlines, and dealing with the IRS-both before and after you file your 1040. ForbesWhat First-Time Filers (And Some Repeat Filers ...
Many parents with children under age 17 can claim the child tax credit worth up to $2,000 per child for tax year 2024. But that could change after 2025, affecting returns filed in 2027. That's ...