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How the 2025 Income Tax Bracket Changes Will Affect You

News02/05/202524Views 0Likes 0Comments

As the calendar turns towards another tax season, millions are beginning to gear up for filing their taxes. Specifically, for the upcoming 2025 tax season, it’s important to focus on the financial activities from the tax year 2024. In Texas, residents benefit from the absence of state and income taxes, but they still need to…

Tax Form W-2 Explained: Who Gets It and How to File It

News, Services, Tax Preparation and Tips01/28/202525Views 0Likes 0Comments

Did you get a W-2? Honestly, tax forms can be daunting, especially if you're new to the process. One of the essential forms you'll encounter is the W-2. This guide covers what a W-2 form is, who receives it, its purpose, how to file it correctly, and the consequences of incorrect information. What is a…

IRS Projected to Recover Billions in Overdue Taxes

News02/07/202417Views 0Likes 0Comments

The Internal Revenue Service (IRS) and the Treasury Department have recently unveiled findings that signal a transformative shift in the landscape of tax collection in the United States. This comprehensive analysis, released on a Tuesday, sheds light on the anticipated influx of hundreds of billions of dollars in overdue and unpaid taxes—a figure that far…