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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 tax season for tax year 2023 has officially started and you were able to file as early as Jan. 29, 2024. Here are some other important dates: Jan. 1, 2024: The unofficial start of tax season.
The Internal Revenue Service has announced it will begin accepting 2023 tax returns as of Jan. 29. New tax brackets and other credits and deductions have been announced, too.
The basics of tax filing never change. Every year, you must declare all of your earned income, claim any deductions or credits you're entitled to, and ensure that you've paid the appropriate tax ...
For taxpayers this year filing their 2022 tax returns, any charitable contributions must be itemized using the Schedule A form to get a deduction. That’s a big change from the last two years ...
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 due date is approaching and it is once again time to file your tax returns. Filing taxes for 2023 can feel overwhelming, but with the right guidance, you can determine how to navigate through ...
If you don’t meet the deadline, the failure-to-file penalty is 5% of the unpaid taxes for each month or part of a month that a tax return is late, according to the IRS. The late-payment penalty ...
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