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The 2025 tax season started two days earlier in 2025 than 2024, which one might imagine would generate more filings by now. But it didn't. The IRS has an explanation for that one.
May 1: Deadline to file 2023 and 2024 tax returns for taxpayers who live in Alabama, Florida, Georgia, North Carolina, and South Carolina and parts of Alaska, New Mexico, Tennessee, Virginia and ...
What's my new 2025 tax bracket? The IRS has set new tax brackets for 2025, but that won't impact the return you'll file by April 15, since that 1040 reflects your 2024 income and taxes.
The Internal Revenue Service has announced that IRS Free File will begin accepting individual tax returns as of Jan. 10, 2025, for the 2024 tax season.
Tax Day was first introduced in 1913, when the Sixteenth Amendment was ratified. The date is delayed if it conflicts with a weekend or public holiday such as Emancipation Day. Natural disasters or public health emergencies, most recently the COVID-19 pandemic, also delay Tax Day when they prevent filing taxes on time. State income agencies ...
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.
On the campaign trail, Trump promised a variety of tax breaks, including removing the TCJA’s $10,000 cap on the deduction for state and local taxes, and eliminating taxes on tip income, overtime ...
The IRS’s update on the progress of tax season this year so far shows that average tax refund amounts are up 18.6% versus the same time last year, total filings down slightly to date.