Tag: Internal Revenue Service (page 1 of 3)

2025 Standard Deductions

November 14, 2024 / / 0 Comments

Making Estimated Tax Payments

October 24, 2024 / / 0 Comments

Missed the Tax Filing Deadline?!

October 16, 2024 / / Comments Off on Missed the Tax Filing Deadline?!

Casualty Loss Deduction

September 24, 2024 / / Comments Off on Casualty Loss Deduction

Summer Day Camp Expenses

August 22, 2024 / / Comments Off on Summer Day Camp Expenses

Credit for Other Dependents

April 17, 2024 / / Comments Off on Credit for Other Dependents

Recent Name Change?

April 12, 2024 / / Comments Off on Recent Name Change?

Check Your Federal Refund Status

April 11, 2024 / / Comments Off on Check Your Federal Refund Status

Tax Credits for Home Solar Panel Systems

January 5, 2024 / / Comments Off on Tax Credits for Home Solar Panel Systems

If you installed a solar panel system or another type of renewable energy system during 2023 to your home, you may be eligible for a tax credit which would be equal to around 30% of the total cost of installation.

How Much Can You Save for Retirement in 2024?

January 2, 2024 / / Comments Off on How Much Can You Save for Retirement in 2024?

The IRS has announced the contribution limit for employees who participate in a 401K, 403B and most 457 plans has increased to $23,000 for the tax year 2024 (up from $22,500 for 2023).

The catch-up contribution limit for employees aged 50 and over who participate in these plans will remain at $7,500 for 2024.

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