Average tax refunds so far in 2025 are up 7.5% but IRS still receiving fewer early returns
The IRS has issued more than 29.6 million individual income tax refunds through Feb. 21, up 2.3% from a year ago.
Getting a tax refund this year? It might be bigger than you expect
If you're expecting an IRS refund this year on your federal taxes, you might get an unexpected boost if your pay didn't.
Millions of Americans may get a Social Security boost. And maybe a tax bill.
Social Security Fariness Act payments are coming soon to millions of Americans. But that boost could also raise their taxes. What to know.
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Taxes Explained: Taxing Income versus Wealth
The U.S. tax system privileges wealth accumulation over income earned from work, allowing the ultrarich to exponentially grow ...
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Earned Income Tax Credit (EITC) 2025: How Much Will You Get?
What is the Earned Income Tax Credit? The earned income tax credit (EITC) is a federal tax break for low- and moderate-income workers with or without children. Also known as the earned income ...
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History of Presidents and Federal Income Tax: What's Normal?
Sharing tax returns with the public was the modern norm until Donald Trump Reviewed by Michael J Boyle Fact checked by Daniel Rathburn From temperament to professional background, President Donald ...
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Idaho Senate approves potential $253 million income tax cut
The Idaho Senate passed a projected $253 million tax cut, in addition to exemptions for military pensions and the removal of ...
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Income Tax: You can continue to avail THESE deductions in the new tax regime
In case, the taxpayer wants to opt out of the new tax regime and file income tax under the old tax regime. 1. Any allowance granted for meeting the cost of travel on tour or transfer. 2.