Iowa lawmakers considered, but did not pass, similar changes for state income taxes during the legislative session earlier ...

And though the bank may report the deposit of cash you received for, say, selling your car, you don't need to fill out a Form 8300 to record that sale because you aren't in the car sales business.

2025 gift limit Gift tax limit 2025 The IRS announced increases in gift and estate tax exemptions for 2025. The annual gift tax exclusion rises to $19,000 per recipient, up $1,000 from last year's ...