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IRS Announces Higher Standard Deductions for Taxpayers
IRS Changes Tax Rules for 2025: Full List of Who's Impacted and How
In 2026, for the tax year 2025, the standard deduction got a $400 boost, making it $15,000 for single filers. Married couples filing jointly will see a standard deduction of $30,000, which is up $800 from 2024.
Taxpayers Will Get Higher Standard Deductions in 2025, IRS Announces
U.S. taxpayers will again see higher standard deductions for 2025, allowing them to shield more of their money from taxation on future returns
Taxpayers to get fatter standard deductions in '25, but with smaller boosts than recent years
U.S. taxpayers will again see higher standard deductions for 2025, allowing them to shield more of their money from the federal government on future returns.
SmartAsset on MSN
3d
Ask an Advisor: How Much Money Can I Give Away Without Incurring a Tax Issue With the IRS?
How much money can I give to my son and daughter-in-law without incurring a tax issue with the IRS? -Irwin For 2023, you can ...
The College Investor on MSN
6d
2025 IRS Tax Refund Schedule: When To Expect Your Tax Refund
Source: The College Investor Want to know when you can expect your tax refund in 2025? We have our estimated IRS tax refund ...
JD Supra
17h
IRS to Ramp Up Tax Compliance Efforts In Connection with Wagering and Gambling
On September 30, 2024, the Treasury Inspector General for Tax Administration (“TIGTA”) issued a report evaluating the IRS’s ...
MibolsilloUSA on MSN
3d
SSI will issue an extra check in november
As the 2025 tax season approaches, the IRS is gearing up to streamline the process for millions of taxpayers. With the ...
Accounting Today
15h
IRS adjusts tax amounts for inflation for 2025
The Internal Revenue Service issued its annual inflation adjustments for tax year 2025, including changes in the standard deduction, marginal rates, tax credits and dozens of other items as a result ...
12d
IRS extends Oct. 15 tax deadline for states hit by hurricanes, severe weather
Oct. 15 is the deadline for filing tax returns for those who obtained a six-month extension. Make that deadline to avoid ...
cfodive
13h
AICPA asks IRS for fresh cannabis tax guidance
The potential reclassification of marijuana as a Class III controlled substance has raised questions about tax benefits ...
12d
on MSN
IRS Expedites 400,000 Claims Worth $10BN
The IRS said in its October 10 release that the 400,000 ERC claims includes both eligible and ineligible ones, with most of ...
20h
on MSN
IRS ups typical tax deductions for 2025 - here is what it means for your bill from Uncle Sam
IRS ups typical tax deductions for 2025 - here is what it means for your bill from Uncle Sam - U.S. taxpayers will again see ...
JD Supra
14h
IRS Approves New REIT With No Initial Income or Assets
On October 4, 2024, the Treasury Department released a private letter ruling (PLR 202440007, or the PLR) addressing whether a real estate ...
4d
IRS Issues More Guidance on Sustainable Aviation Fuel Tax Credit
The IRS released additional guidance Friday on the sustainable aviation fuel tax credit, fixing a calculation issue in one of the models.
21h
IRS Issues Regulations on Conservation Easement Reporting
In December 2022, the IRS issued proposed regulations designating certain syndicated conservation easements as listed ...
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