Per thisTreasuryDirect announcement, the US Treasury will no longer allow to you to buy an additional $5,000 inpaperSeries I savings bonds each year with your tax refund, effective January 1st, 2025. (If you haven’t filed your 2023 Tax Year returns, you can still get them with your la...
Tax filing season begins todayPITTSBURGH (KDKA) -- While Tax Day itself may be more than two months away, you can get a head start on filing because starting today, the IRS will begin accepting and processing tax returns.The IRS announced that it expects more...
, you enter data directly into electronic tax forms, then e-file that data with the IRS and/or your state government. Important - The e-filing season for Form 94x business returns begins on January 15, 2025. The filing season for Form 1040 and individual state returns begins on January ...
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The chart below is for the 2023 tax year filed in 2024. Federal income tax returns are due April 15, 2024, or October 15, 2024 if you filed for an extension. See thefull 2024 Tax Refund Schedulefor more information. There is no personal exemption for tax year 2023, due to a provision...
Since we’re still focused on 2024 for tax filing purposes and will be until the 2024 tax year deadline, the 2024 tax brackets are also going to be of interest to readers when working on your upcoming tax return, so I have included those in this article as well. And, armed with the...
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The IRS is launching Direct File, which will allow individuals to file their tax returns online directly with the IRS for free. The pilot was conducted in 2023 and 2024, and Direct File will be available to the general public for the 2025 tax season.3 ...
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Which of the above is your favorite federal tax cocktail? Perhaps you will agree that the above are some of the biggest federal tax issues of 2023? It’s been a very big year so far! This is a modified version of Mark A. Loyd’s regular column,Tax in the Bluegrass,“2023’s Biggest...