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According to the Better Business Bureau, tax collection scams ranked sixth out of the reported scams as of January 2025. Some common schemes involve incorrect tax advice, questionable tax ...
The average federal income tax refund in 2024 was $3,138 based on IRS data through Dec. 27, down 0.9% from the same period in 2023.
During President Donald Trump's successful campaign bid last year, he proposed eliminating individual income taxes for all Americans and paying for the lost revenue by increasing import...
However, the IRS opened its Free File service on Jan. 10, which is a program offered through tax software companies for taxpayers with adjusted gross income of $84,000 or less in 2024.
January 4, 2025 at 8:57 AM. ... The best tax debt relief services help you understand complex tax laws, negotiate with the IRS, and set up manageable payment plans is crucial.
The IRS on Friday announced Jan. 27 as the official start date of the 2025 tax season, and expects more than 140 million tax returns to be filed by the April 15 tax deadline.
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