The IRS has announced the new federal income tax brackets for both tax year 2024 and 2025. If you haven’t filed yet for 2024 or are already thinking about what your taxes might look like next year, ...
The April 1, 2025, deadline for required minimum distributions (RMDs) is fast approaching for retirees who turned 73 in 2024.
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The process of negotiating with the IRS to pay less on your tax debt can be tricky — but these strategies can help.
IRS data as of March 7 shows the average refund amount to date for 2025 is $3,324 compared to $3,145 in 2024, an increase of ...
As farms continue to get large and the value of farm machinery increases as well, the impacts on first year depreciation ...
Elysse Bell is a finance and business writer for Investopedia. She writes about small business, personal finance, technology, and more. Giselle M. Cancio has over 10 years of editorial experience ...
On Friday, the IRS released statistics comparing its progress through the eighth week of tax season 2024 (ending March 22, 2024) with its progress through the eighth week of 2025 (ending March 21 ...
However, in recent years, the IRS has attempted to clarify and standardize rules that crypto taxpayers must follow. One of the most widely used tax forms, Form 1040, now prominently asks whether a ...
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