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It’s tax season, and the deadline to file a tax return or request a return extension is just three months away.. In fiscal year 2022, the Internal Revenue Service issued more than 237.8 million ...
Tax brackets for 2023 increased 7% to account for the 40-year high inflation of 8% in 2022, USA TODAY reports. And the IRS already has announced tax brackets will get another 5.4% increase for 2024.
The nation’s tax filing season begins Monday, as the Internal Revenue Service starts accepting and processing 2023 federal tax returns. Taxpayers have until April 15 to file without an extension.
The filing deadline for individuals was March 1 in 1913 (the first year of a federal income tax), and was changed to March 15 in 1918 and again to April 15 in 1955. [9] Today, the deadline remains April 15, [10] unless it conflicts with a weekend or holiday. [11] Note that April 15 falls close to Old Lady Day (April 5), the close of the British ...
However, last year, the IRS pushed back the deadline for filing 2021 tax returns and for paying taxes owed because of the Emancipation Day holiday in Washington, D.C.
The Seattle head tax, officially the employee hours tax (EHT), was a proposed head tax to be levied on large employers in Seattle, Washington, United States. The head tax was proposed in 2017 to fund homeless services and outreach and was set at a rate of $275 annually per employee, with hopes of raising up to $50 million annually.
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