Tag: internal revenue service
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IRS increases 401(k), other retirement plan contribution limits for 2025
The Internal Revenue Service (IRS) on Friday announced that it increased the amount that individuals can contribute to their 401(k) and...
IRS sets new tax brackets, raises standard deduction for 2025
The Internal Revenue Service (IRS) on Tuesday announced its inflation adjustments to tax brackets and deductions for the 2025 tax year,...
Taxpayers will get higher standard deductions in 2025, IRS announces
NEW YORK (AP) — U.S. taxpayers will again see higher standard deductions for 2025, allowing them to shield more of their money from taxation...
Senator Elizabeth Warren Joins The Call For REIT Crackdowns: What’s Behind The Controversy?
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.Sen. Elizabeth Warren (D-Mass.) is the latest member...
The IRS has hauled in tens of millions from rich people who failed to file tax returns — here’s how much
Rich people who didn’t file tax returns for years have already paid $172 million in overdue taxes to the Internal Revenue Service, according to...