Taxes February 18, 2025
Should You Use Your Tax Refund to Pay Off Debt?
A refund has the potential to make a serious dent. The average refund amount in 2024 was $3,138, according to the IRS. But is paying down debt the best way to spend that money?
IRS February 17, 2025
IRS Sets Stage for Musk Adviser to Access Taxpayer Data
The IRS is poised to hand over unlimited access to taxpayer data to an adviser from Elon Musk’s government efficiency group, according to a draft agreement between the tax agency and the Office of Personnel Management.
Taxes February 16, 2025
IRS Income Tax Refund Schedule for 2025 – Could IRS Layoffs Delay Tax Refunds?
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
IRS Could Lay Off 15,000 Staff This Week, During Peak Tax Season
According to ABC News and the Associated Press, up to 15,000 workers at the Internal Revenue Service could be laid off from their positions in the next week.
Taxes February 14, 2025
Average 2025 Tax Refunds Up by More Than $300, IRS Says
Data released on Feb. 14 by the IRS shows the average refund is coming in at $2.065, up from $1,741 in 2024.
February 12, 2025
2025 Tax Refund Schedule and Calendar: When You Will Get Your Refund: Where’s My Tax Refund?
This article includes an easy reference chart that taxpayers can use to estimate how soon they may get their income tax refund.
Taxes February 11, 2025
$1,928 is the Average Refund Amount So Far This Tax Season
Since the start of the 2025 tax filing season on Jan. 27, the IRS has issued 3.23 million refunds with an average refund amount of $1,928 as of Jan. 31, the agency said last week.
Income Tax February 10, 2025
IRS Income Tax Refund Schedule for 2025
This chart can help you estimate when you should get your 2025 income tax return, based on when you file and a few other easy factors.
Taxes February 7, 2025
2025 IRS Income Tax Refund Schedule – Estimate When You’ll Get Your Refund
If you found this article, you're probably expecting a refund and are starting to think about doing your taxes or going to a tax pro, or perhaps you just filed, and are curious how long you need to wait for that $$$.
Firm Management January 24, 2025
Prepping for Busy Season When the Time to Prepare Has Run Out: A 5-Step Action Plan
If you move quickly now, there is still much you can do to make sure your team has the resources and mindset to tackle this intense work period with gusto and help your CPA firm deliver high-quality service to clients.
January 23, 2025
2025: When Can I File My Tax Return and Get My Tax Refund
Most Americans have pretty simple taxes: A job or two (form W-2), maybe a side gig (forms 1099 or 1099-NEC), some child tax credits, maybe a mortgage or a few minor additions. The chart below is for you.
Taxes January 10, 2025
2025 Filing Season to Start Jan. 27, IRS Says
The IRS expects more than 140 million individual tax returns to be filed ahead of the April 15 federal deadline, with more than half of all tax returns filed this year with the assistance of a tax professional.