IRS announces start of the 2025 tax season
Sen. Mike Crapo (R-Idaho) discusses Mr. Kudlow's tax and tariff proposals under President-elect Donald Trump. The Internal Revenue Service (IRS) on Friday announced details regarding the start of the 2025 tax filing season, which begins in earnest later this month. Tax filing season begins on Monday, January 27th for taxpayers filing their 2024 tax returns. […]
IRS announces the start of 2025 tax season – CNBC
Placid | iStock | Getty Images Expanding free filing options for 2025 For the 2025 season, The IRS's free tax filing program, Direct File, is open to: Eligible taxpayers in 25 states. This is up from 12 states for the 2024 season. This year's participating states include Alaska, Arizona, California, Connecticut, Florida, Idaho, Illinois, Kansas, […]
Senate GOP fears land mines in House could derail Trump's tax agenda
Senate Republicans fear President-elect Trump's tax plan will stall in the House due to several potential landmines, including demands by some Republicans to raise corporate taxes and remove caps on state and local tax (SALT) deductions. I am concerned that this is a possibility. The senators believe that if one or two House Republicans push […]
Warren questions Trump IRS nominee's experience, promotion of tax credit
Sen. Elizabeth Warren (D-Mass.) on Wednesday expressed concerns about President-elect Trump's nominee to head the Internal Revenue Service (IRS) and responded to the president-elect's past experience and push for tax credits during the pandemic. I asked for In a letter to former Rep. Billy Long (R-Missouri), who was nominated by Trump, Warren wrote that she […]
When will the IRS start accepting tax returns? Here’s when you can file your 2024 taxes – AL.com
The start of a new year means tax season is right around the corner. The deadline to file your 2024 income taxes with the Internal Revenue Service is April 15, 2025. The date the IRS will begin processing returns has not been announced (usually late January). However, the free file-guided tax software will be available […]
Gingrich urges Trump, GOP to pass tax cuts in 'one big, beautiful bill'
Former House Speaker Newt Gingrich (R-Ga.) has encouraged President-elect Trump and the Republican Party to pass tax cuts as part of a single broad reconciliation bill, with the Republican House majority in a narrow state. He argued that the outcome would depend on the performance of the U.S. economy. In an interview with The Hill […]
Mobility tax, other fees to prop up flailing MTA even after congestion toll
Sources say Gov. Cathy Hochul is considering a formidable business tax hike to shore up the Metropolitan Transportation Authority, which is struggling to fill a massive $33 billion budget hole, but the governor has not yet decided to do so. The plan is kept secret. Hochul's budget director acknowledges that fees and taxes are needed […]
Biden expands wind and solar tax credit to nuclear, hydropower, geothermal energy
The Biden administration on Tuesday finalized guidance that would expand tax credits that previously applied only to wind and solar power to a variety of other energy technologies. Under new guidance issued on Tuesday, producers of electricity from sources such as nuclear, geothermal, hydro and ocean wave energy will also be able to claim credits. […]
North Carolina counties demand full property tax payments — even for homes wiped out by Helene
Residents in several North Carolina counties are still paying full property taxes even though their homes were destroyed by Hurricane Helen, officials warned. In late September, Helen tore through the mountains of western North Carolina and surrounding states, causing massive flooding that washed away many buildings or reduced them to piles of rubble. As a […]
Tax deadline 2024: When is the last day you can file taxes in 2025? – USA TODAY
Tax day is approaching. If you're the best at meeting deadlines, we have a few things to write down on your calendar. When is the 2025 filing deadline? Most of us have to pay our 2024 taxes by April 15, which falls on a Tuesday this year. If you don't plan to submit by then, […]