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Kate Dore, Cfp, Https, Www.Linkedin.Com In Katedore
02/27/2025 12:00:00 AM

Amid IRS cutbacks, experts warn that skipping tax return filings could lead to costly penalties. The IRS has experienced a 5% decline in individual returns compared to last season.

Business & Finance Thinking of not filing your tax return amid IRS cutbacks? Penalties can be costly, experts say
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The article discusses the child tax credit that allows parents to claim up to $2,000 per child for tax year 2024, highlighting potential changes after 2025 related to the Tax Cuts and Jobs Act.

Business & Finance You can still claim up to $2,000 per kid from the child tax credit, but that amount may drop after 2025—here's what to know
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Author
Kate Dore, Cfp, Https, Www.Linkedin.Com In Katedore
02/25/2025 12:00:00 AM

The average tax refund for this year's filing season is significantly lower, with the IRS reporting a 32.4% decrease compared to last year due to inflation impacts.

Business & Finance The average IRS tax refund is more than 32% lower this season, early filing data shows. Here's why
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