Early tax refunds arriving now, but IRS saw far fewer returns filed in first week
IRS processed 15.8% fewer income tax returns in the first week of the 2025 tax season than it did a year ago. Why? What does ...
Social Security Bill Could See End to 'Double Tax' on Recipients
A bill brought to the House of Representatives by Republican lawmakers would amend the tax code to remove taxes on Social ...
CT Senate GOP: Cut income tax, freeze state employee wages
In addition to a state employee wage freeze and income tax cut, CT Republicans want to cap municipal property tax increases ...
itep12d
Maryland’s Tax Reform Likely Won’t Cause Millionaire Migration
The moment Gov. Wes Moore announced his proposal to reform Maryland’s tax system, in part, by raising income tax rates on ...
JournalofAccountancy10d
Frivolous-tax-return penalty sustained
The Tax Court found all requirements of Sec. 6702(a) were met regarding the taxpayer’s zero-wage and -income return.
Yahoo Finance5d
What is the earned income tax credit, and do you qualify?
The earned income tax credit is one of the most valuable federal ... You can check the previous EIC credit amounts for 2023, 2022, and 2021 on the IRS website, although there are some special ...