Personal taxes
- Entrepreneurs
‘Don’t wait until March’ to hire a tax pro, says advisor — 3 moves to make before the 2023 tax filing season opens
mediaphotos | E+ | Getty Images Enlist tax prep help One of the first things to consider: Will you be…
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Powerball jackpot hits $1 billion — but only if you pick the less-popular prize option. If you win, here’s the tax bill
The jackpot for Powerball’s Monday night drawing is a whopping $1 billion. Sort of, anyway. The advertised number represents the…
Read More » - U.S. News
IRS: Here are the new income tax brackets for 2023
Amid soaring inflation, the IRS this week announced higher federal income tax brackets and standard deductions for 2023. The agency…
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Tax professionals ‘horrified’ by IRS decision to destroy data on 30 million filers
courtneyk | E+ | Getty Images An audit by the Treasury Inspector General for Tax Administration revealed the IRS has…
Read More » - Entrepreneurs
Over 60 million tax returns could be completed automatically, study shows
Tom Werner | DigitalVision | Getty Images The IRS may have the ability to automate nearly half of tax returns,…
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