CNET6h
Do You Earn Money via Venmo, PayPal or Cash App? Here's Why You Received a 1099-K
You should see this tax form if you were paid more than $5,000 in freelance income via third-party payment apps last year.
IRS employees accept OPM federal worker buyout; How the 2025 tax season may be affected
The deadline for federal workers to accept OPM's buyout offer was on Feb. 6, but terms of resignation are different for IRS workers during tax season.
You may still be able to slash your taxable income by up to $17,300 before filing — here's how
As with an IRA, you have until April 15 to make a 2024 contribution. For the 2024 tax year, individuals can contribute up to ...
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New Income Tax Bill 2025: Why is the 64-year-old tax law changing; What changes have happened in gratuity, pension and VRS?
To simplify the 64-year-old Income Tax Act 1961 and eliminate unnecessary provisions in it, Finance Minister Nirmala ...
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Here Are the Federal Income Tax Brackets for This Year
Tax brackets dictate how much you’ll pay on each part of your taxable income for the year. They’re not set in stone: Each ...
IRS Updates Earned Income Tax Credit for 2025: More Families Eligible for Higher Credits
The Earned Income Tax Credit (EITC) helps reduce poverty for working American families by providing a tax credit for ...
CNET2d
2025 Federal Tax Brackets: Your Paycheck May Be Bigger. Here's Why
Your take-home pay may have gotten a bump now that the Internal Revenue Service updated the income tax brackets and standard ...
IRS says average refunds are 30% higher than previous year. Is yours among them?
According to an update from the IRS, the agency has received more than 13 million returns through Jan. 31, 2025, five days ...
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Lower earners can see ‘five-figure refunds' from these tax credits, expert says. Here's who qualifies
The earned income tax credit, or EITC, is worth up to $7,830 for eligible families with three or more children for 2024.
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This tax credit is worth up to $7,830 for some, but many don't claim it. Here's how to
Many people don't know they may qualify for the earned income tax credit and get up to $7,830 for some families. Here's how ...
Indiatimes14d
Budget 2025 income tax: Raise 30% income tax slab; provide flat 30% deductions on gross income - here’s why
Adhil Shetty, CEO of BankBazaar, urges Finance Minister Nirmala Sitharaman to raise the 30% income tax threshold to ₹18 lakh in Union Budget 2025, restructure the tax brackets, and introduce a ...