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WASHINGTON (AP) — The budget bill championed by President Donald Trump could complicate next year’s tax filing season after ...
However, for wealthy heirs of property inherited from a deceased person, taxes might increase from January 2026.
In 2017, a Republican-controlled House and Senate passed the landmark Tax Cuts and Jobs Act. The TCJA more than doubled the ...
Any amounts above the annual gift tax exclusion use up a portion of the lifetime gift and estate tax exemption of $13.99 million (in 2025). The only exception is gifts to spouses which are not taxed." ...
Electronic Federal Tax Payment System (EFTPS) The IRS2Go app; Paper payments are also accepted, made payable to “United States Treasury” with Form 1040-ES enclosed. Corporations must use EFTPS or ...
Download IRS Form 709 from IRS.gov Fill out donor info, gift details and any gift-splitting election Submit it with your tax ...
The IRS has issued a new alert warning taxpayers about a rising 2025 scam involving fake refund emails designed to steal personal information. As of June 4, reports of phishing attempts have surged ...
The IRS is now sending out the final round of tax refunds for the 2025 filing season. As of June 4, millions of taxpayers have received their refunds, but a growing number are reporting unexpected ...
As the IRS continues to process 2025 tax refunds, ... The IRS released its June 2025 refund schedule, with most payments issued within 21 days. Average refunds range from $2,939 to $3,324, ...
If the returns were filed online, taxpayers who chose to get a mailed check, can expect their refunds to arrive between May 29 and June 11. For individuals who filed their tax returns on paper, your ...
FILE-In this photo illustration, a 1040 U.S. Individual Income Tax Return document is seen on a desk on April 15, 2024 in North Haledon, New Jersey.
American citizens who have recently filed their 2024 federal tax return are in line to receive a $3,000 IRS tax refund. According to the IRS, the average refund amount is around $2,945.