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The IRS is urging taxpayers who requested an extension for their 2024 federal tax return to file during the summer months. By doing so, you can avoid the autumn rush, reduce the risk of errors, and ...
Summer is a popular season for weddings, and the IRS reminds newlyweds to take steps to make future tax filings a bit easier. First, if there has been a name change, you must report it to the U.S.
The next tax-filing season — for 2025 taxes — might be one to remember, but not for reasons taxpayers would prefer. While many provisions of the new federal budget law signed by President Donald Trump ...
Dark money may be heading to a church near you because the Trump administration has said it will no longer enforce the ...
The new bonus deduction is available for taxpayers aged 65 or older that itemize their deductions. Single filers will receive $6,000 and for married-filing-jointly couples, $12,000 if both spouses are ...
If you’re one of the many taxpayers who requested an extension for your 2024 federal tax return, the Internal Revenue Service (IRS) has a clear message for you: don’t wait until October. In a notice ...
The average fee for preparing Form 1040 with Schedule A to itemize personal deductions, and a state income tax return, was a flat fee of $323. The average fee for Form 1040 with the standard deduction ...
An under-the-radar provision inside President Donald Trump’s “One Big, Beautiful Bill Act” will reduce the amount of gambling ...
Here's How You Can Legally Pay Zero Tax Despite Earning Lakhs – All You Need to Know The income tax return (ITR) filing season is here, and taxpayers across India are gearing up to file their returns ...
The IRS has issued a request to taxpayers with extensions for their 2024 federal tax returns to file them in the summer months.
On Monday, the IRS revoked a long-standing rule that stripped tax-exempt status from churches that endorse political candidates. From a horse-race view of elections, this may not make a difference.