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Taxes February 16, 2025
Updated Feb. 16, 2025. Tax season has just begun, but it may be about to get more difficult for taxpayers and tax preparers such as CPAs and accountants. The move could also delay income tax refunds. The IRS started accepting income tax returns on January 27, 2025, which means tax filing season is officially upon...…
Taxes February 16, 2025
Tax season has just begun, but it may be about to get more difficult for taxpayers and tax preparers such as CPAs and accountants. The move could also delay income tax refunds. According the Associated Press and ABC News, up to 15,000 workers at the Internal Revenue Service could be laid off from their positions...…
Taxes February 15, 2025
The CPA Practice Advisor Weekly Tax News Roundup is a weekly recap of tax-related news from the past week. From IRS news and tax court cases, to state, SALT, legislation and other related areas, the roundup can help you catch-up on recent changes. === Let us know if you like this new feature using the...…
Taxes February 14, 2025
Data released on Feb. 14 by the IRS shows the average refund is coming in at $2.065, up from $1,741 in 2024.