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TAX UPDATES

IRS announces special payments going this month to 1 million taxpayers who did not claim 2021 Recovery Rebate Credit; encourages non-filers about approaching deadline to claim credits

IRS announces special payments going this month to 1 million taxpayers who did not claim 2021 Recovery Rebate Credit; encourages non-filers about approaching deadline to claim credits

IRS announces special payments going this month to 1 million taxpayers who did not claim 2021 Recovery Rebate Credit; encourages non-filers about approaching deadline to claim credits

IR-2024-314, Dec. 20, 2024 WASHINGTON — As part of continuing efforts to help taxpayers, the Internal Revenue Service today announced...

3 min read

IRS increases the standard mileage rate for business use in 2025; key rate increases 3 cents to 70 cents per mile

IRS increases the standard mileage rate for business use in 2025; key rate increases 3 cents to 70 cents per mile

IRS increases the standard mileage rate for business use in 2025; key rate increases 3 cents to 70 cents per mile

IR-2024-312, Dec. 19, 2024 WASHINGTON — The Internal Revenue Service today announced that the optional standard mileage rate for...

2 min read

Prepare to file in 2025: Get Ready for tax season with key updates, essential tips

Prepare to file in 2025: Get Ready for tax season with key updates, essential tips

Prepare to file in 2025: Get Ready for tax season with key updates, essential tips

IR-2024-311, Dec. 19, 2024 WASHINGTON — With the 2025 filing season quickly approaching, the Internal Revenue Service encouraged...

6 min read

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