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2. 2024 Tax Brackets and Income Rates: Find Out Where You ... - AOL

   www.aol.com/2024-tax-brackets-income-rates...

   In 2024, federal income tax rates remain at 10%, 12%, 22%, 24%, 32%, 35%, and 37%. While these rates stay the same for 2025, the income thresholds for each bracket will adjust for inflation.

3. More than $1 billion in federal tax refunds unclaimed as ...

   www.aol.com/news/more-1-billion-federal-tax...

   They now have until May 17, 2024 to claim their refund for tax year 2020. ... The IRS notes 2020 tax refunds may be held if an individual has not filed tax returns for 2021 and 2022.

4. IRS has $1B tax refund funds waiting to be claimed. See if ...

   www.aol.com/irs-1b-tax-refund-funds-083655430.html

   The IRS says the median refund for the pandemic fiscal year is around $932; which may help Illinoisians who have yet to file their 2020 return and are filing for 2023 at the same time.

5. Tax Relief for American Families and Workers Act - Wikipedia

   en.wikipedia.org/wiki/Tax_Relief_for_American...

   The Tax Relief for American Families and Workers Act is a $78 billion package that would expand the Child Tax Credit (a tax benefit that provides money to parents), restore business tax breaks, increase federal funding for states to encourage the development of low-income housing, deepen economic ties between the United States and Taiwan and end a pandemic-era employer tax benefit.

6. Tax Day 2024: What to know before you file those tax returns

   www.aol.com/tax-day-2024-know-file-093626800.html

   The average tax refund issued by the IRS as of March 1 is $3,182, a 5.1% increase compared to the similar filling period in 2023. The trend may not hold as refund amounts dropped 13% between March ...

7. Customer Account Data Engine - Wikipedia

   en.wikipedia.org/wiki/Customer_Account_Data_Engine

   CADE will increase the speed of tax return processing. Under the current system, processing tax returns can take as long as one week and taxpayers have to wait between 14 and 35 days for the IRS to deposit their refund or mail them a check. Using CADE, tax returns will be generally completed within 24 hours and deposits issued within 48–72 hours.