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  2. IRS cuts may mean refund delays and long waits. File early ...

    www.aol.com/irs-cuts-may-mean-refund-201017500.html

    Waiting on a 2020 tax return to be processed? If your tax returns from 2020 still has not been processed, the IRS said you should still file your 2021 tax returns by the April due date or request ...

  3. Know Before You File: Tax Breaks for Tax Year 2020 - AOL

    www.aol.com/know-file-tax-breaks-tax-160044040.html

    Tax returns for the 2020 tax year are due by May 17, 2021. The IRS offers numerous tax deductions, exemptions and credits to lower your tax bill. Many of these tax breaks are indexed for inflation,...

  4. What Are the 2020-2021 Federal Tax Brackets and Tax Rates? - AOL

    www.aol.com/finance/2020-2021-federal-tax...

    In 2020, the deadline for filing a 2019 tax return was postponed by three months to July 15 — a nearly unprecedented move that defined the turmoil of April last year. ... For individuals, it ...

  5. Tax cut - Wikipedia

    en.wikipedia.org/wiki/Tax_cut

    Its taxation aspects included a payroll tax cut of 2%, health care tax credits, a $400 reduction in income taxes for individuals and improvements to child tax credits and earned income tax credits. To prevent the fiscal cliff in 2013, Obama extended the Bush tax cuts on incomes below $400,000 for individuals and $450,000 for married couples.

  6. Income tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Income_tax_in_the_United...

    Effective federal tax rates and average incomes for 2010 [16] Quintile Average income before taxes Effective individual income tax rate Effective payroll tax rate Combined effective income and payroll tax rate Total effective federal tax rate (includes corporate income and excise taxes) Lowest $24,100: −9.2%: 8.4%: −0.8%: 1.5% Second ...

  7. IRS Pushes Back Start of Tax Filing Season – Will It Delay ...

    www.aol.com/irs-pushes-back-start-tax-222713155.html

    The IRS announced Friday that tax filing season won’t start until February 12 this year. However, the tax deadline, for now, remains the usual April 15 in 2021 .

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