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.
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02/27/2025 12:00:00 AM
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02/25/2025 12:00:00 AM
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.
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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

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