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  2. IRS Is Raising Interest Rates July 1 — What Does That Mean ...

    www.aol.com/finance/irs-raising-interest-rates...

    The IRS announced on May 20 that it would be raising interest rates beginning July 1, 2022. The interest rate increase would apply to overpayments and underpayments of quarterly taxes. Generally...

  3. The IRS Just Boosted Standard Deduction by 7% - AOL

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    In the past year Americans have seen multiple interest rate hikes, a Social Security cost of living adjustment and the introduction of a $740 Billion inflation reduction act. Amid all the ...

  4. How Much Is The Tax Underpayment Penalty? Can I Avoid ... - AOL

    www.aol.com/finance/much-tax-underpayment...

    Taxpayers with incomes over $150,000 must ensure their withholding and estimated tax payments cover at least 90% of their current tax year liability or 110% of their prior-year tax liability to ...

  5. Taxation in Indiana - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_Indiana

    Most new employers in the state of Indiana start with a 2.5% unemployment tax rate unless your company is a construction company, successor company, or a government entity, at which point your tax rate is 2.53%, .5% to 9.4%, 1.6% respectively. [9] Indiana employers are required to pay unemployment taxes for any year in which they have employees ...

  6. State income tax - Wikipedia

    en.wikipedia.org/wiki/State_income_tax

    New Hampshire – The accelerated phase-out of a tax on dividends and interest completed at the start of 2025. [15] For large businesses, the 0.55% Business Enterprise Tax is essentially an income tax. The state also has a 7.5% (2024) Business Profits Tax. [16]

  7. Taxation in the United States - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_the_United_States

    Donors of gifts in excess of the annual exclusion must file gift tax returns on IRS Form 709 [100] and pay the tax. Executors of estates with a gross value in excess of the unified credit must file an estate tax return on IRS Form 706 [101] and pay the tax from the estate. Returns are required if the gifts or gross estate exceed the exclusions.

  8. IRS Will Let You Keep More Of Your Paycheck In 2023 Taxes - AOL

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    All seven income tax brackets are adjusting upward 7%, with the standard deduction climbing to $13,850 for individuals and $27,700 for married couples — up $900 and $1,800 respectively. "Gas has ...

  9. Here's how the Fed's interest rate cut today could impact ...

    www.aol.com/heres-expect-feds-interest-rate...

    The Federal Reserve today made its final interest rate decision of 2024, capping a year during which the central bank provided some financial relief to inflation-weary borrowers in September by ...