News

Are we getting a stimulus check in July? IRS tax, inflation refund checks status update
Are we getting a stimulus check in July 2025? Here's status on stimulus check and inflation refund, how to track IRS checks ...
Maryland lawmakers push IRS to expedite tax refunds for those facing financial challenges
A group of Maryland lawmakers is calling on the IRS to expedite federal tax refunds for individuals who are facing financial ...
IRA contribution limits for 2025
These ceilings apply to all IRAs held, Roth and Traditional combined. In concrete terms, you cannot contribute $7,000 to a ...
IRS says churches may endorse political candidates despite a decades-old federal statute barring them from doing that
Churches and other houses of worship can endorse political candidates without risking the loss of their tax-exempt status, ...
Required Minimum Distributions: Navigating through your IRA's required withdrawals
After a certain age, holders of retirement accounts such as Individual Retirement Accounts (IRAs) are required to start making mandatory withdrawals, known as Required Minimum Distributions (RMDs).
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Congress passes bill offering tax filing relief for natural disasters
The Senate passed a bipartisan bill by unanimous consent that would provide tax filing relief for taxpayers in states that ...
What Will I Pay for Tax Preparation Fees?
The average fee for preparing Form 1040 with Schedule A to itemize personal deductions, and a state income tax return, was a flat fee of $323. The average fee for Form 1040 with the standard deduction ...