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IRS Unveils Higher Standard Deductions And New Tax Brackets
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.
The IRS has announced its new 2025 tax brackets. Here's what to know.
The IRS has adjusted tax brackets and dozens of other provisions for inflation. Here's how that will impact your taxes.
Taxpayers will get higher standard deductions in 2025, IRS announces
While taxpayers will again see higher standard deductions for 2025, the increases announced Tuesday are less than those seen in recent years. In tax adjustments announced last yea
4h
on MSN
Battleground state election lawsuits and IRS raises income tax brackets: Morning Rundown
Plus, One Direction fans criticize the online harassment Liam Payne's ex-fiancée, Maya Henry, has received in the aftermath ...
24m
It’s Time For Tax Pros To Renew Their Preparer Tax Identification Number (PTIN)—Here’s How
First-time PTIN applicants can also apply for a PTIN online. Click over to the Tax Pros section of the IRS website at IRS.gov ...
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
21h
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 ...
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 ...
Accounting Today
19h
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 ...
cfodive
17h
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 ...
JD Supra
18h
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 ...
1d
How Much is the New Child Tax Credit for 2025?
For 2025, the credit is worth up to $8,046 (up from $7,830 for 2024) with three qualifying children, $7,152 (up from $6,960) ...
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