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The Internal Revenue Service announced that the 2025 tax filing season will officially begin on Jan. 27, when taxpayers can file returns for the 2024 tax year. CBS News 4 days ago Here's when you can start filing your 2024 tax returns
Stay updated on the news about taxes, deadlines, deductions, ... 5 Things You Need To Know for the 2025 Tax Season. ... The Today Show.
That means, for example, that a single tax filer with $45,000 of taxable income would have a top tax rate of 12% in 2024, whereas that same taxpayer would have had a top tax rate of 22% in 2023.
The 2025 tax season is in full swing, and if you haven't yet filed, there's still time to make sure you get everything right before submitting your returns to the IRS -- but the clock is ticking....
If you’ve got money to put toward qualified charitable donations each year, you will be allowed to give a little bit more in 2025 with tax benefits. The limit is going up from $105,000 in 2024 ...
The IRS has raised the income thresholds for tax brackets by about 2.8% from 2024, CBS News reports. The agency also increased the standard deduction to $15,000 for those filing individually (an ...