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IRS Will Owe Some Americans Extra Money on Top of Tax Refund
IRS sets date it will start accepting tax returns; How long it will take to get your refund?
Tax season will officially start Monday, Jan. 27. The IRS expects more than 140 million individual returns for tax year 2024 to be filed ahead of the April 15 deadline. The agency began accepting returns via IRS Free File on Jan. 10 but they won’t be processed until the official start date.
Why IRS Will Owe Some Americans Extra Money on Top of Tax Refund
If a tax refund is delayed by more than 45 days, the IRS is legally required to pay interest on top of the refund. While this is good for the taxpayer, Collins noted that it's not financially beneficial for the IRS.
Your IRS refund could take years if you were a victim of ID theft. The national taxpayer advocate wants that fixed
Tax-related identity theft is common, but the Internal Revenue Service is often too slow to move when victims are awaiting refunds.
Taxpayer Advocate Calls on Congress to Maintain IRS Funding
National Taxpayer Advocate Erin M. Collins told lawmakers today that the Internal Revenue Service has made significant progress in improving taxpayer service but warned that “continued funding is critical to enable the IRS to successfully deliver on its mission and transform how it works with taxpayers going forward.
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on MSN
Tax Day 2025: When can you file your taxes? How to track tax return, file a tax extension
If you filed your taxes online, you can expect to receive a refund in one month or less, in most cases. The IRS says it ...
23h
Trump Discusses Tax Cuts for New Yorkers With G.O.P. Lawmakers
The president-elect told Republicans from New York, New Jersey and California to come up with a plan for increasing the state ...
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on MSN
Mark your calendars! 2025 tax season opens Jan. 27, but you can start filing now
The IRS will start accepting tax returns on Jan 27, but you can start filing now to be among the first to get a refund, ...
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on MSN
New Tax Brackets in 2025 Could Impact Your Paycheck—Here's What to Expect
These adjustments, announced by the IRS in October 2024, reflect an approximately 2.8 percent increase in income thresholds ...
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When does the 2025 tax filing season start? This is the exact date announced by the IRS
Taxpayers in the United States prepare at the beginning of each year to have their returns ready during the tax season, which ...
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on MSN
Here's when you can start filing your 2024 tax returns
The IRS said Friday it will kick off the new tax season on Monday, Jan. 27, allowing taxpayers to begin filing their 2024 tax ...
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on MSN
New York Democrats' new tax forces middle-class workers into lawless subway tunnels
New York City is imposing a controversial new driving tax on vehicles headed south of Central Park or into Manhattan from New ...
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on MSN
IRS Announces Official Start of 2025 Tax Season: What You Need To Know
The Internal Revenue Service (IRS) announced Friday that the official start date of the 2025 tax season will be January 27.
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on MSN
IRS announces January 27 as the start of the 2025 tax season
The IRS on Friday announced January 27 as the official start date of the 2025 tax season, and expects more than 140 million ...
3h
on MSN
Spain eyes tax hike for holiday rentals in bid to lower rents
Spain plans to raise taxes on holiday rentals so that they pay "like a business", Prime Minister Pedro Sanchez said on Monday ...
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on MSN
Five Common Tax Deductions to Claim on 2024 Tax Returns
Tax deductions are specific expenses that the IRS allows taxpayers to subtract from their total income. By lowering taxable ...
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