2024-2025 Tax Season Updates & New Tax Laws | H&R Block
Don’t worry — you won’t need to have a tax law degree to follow what changes could affect you this tax year. Instead, check out the situations below and see what’s relevant to your life. In 2024, did you…? Sell items via apps or digital platforms such as Venmo, Paypal, Facebook Marketplace, Etsy, or Poshmark You … See more
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Upcoming Tax Law Changes In 2025
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Dec 30, 2024 · For married couples filing jointly, the standard deduction increases to $30,000, up $800 from tax year 2024. For heads of households, it is $22,500 for tax year 2025, up $600 …
thomsonreuters.com
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FTC Finalizes Order With H&R Block Requiring Them To Pay $7 …
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2 days ago · The Federal Trade Commission finalized an order requiring the tax preparation company H&R Block to make a number of changes for the 2025 tax filing season in addition to …
ftc.gov
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IRS Releases Tax Inflation Adjustments For Tax Year 2025
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Oct 22, 2024 · For married couples filing jointly, the standard deduction rises to $30,000, an increase of $800 from tax year 2024. For heads of households, the standard deduction will be …
irs.gov
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Your 2025 Tax Fact Sheet And Calendar | Morningstar
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Dec 26, 2024 · Estate/Gift Tax Exemption . This amount is increasing in 2025, to $13.99 million per individual. The annual gift-tax exclusion is increasing to $19,000, up from $18,000 in 2024.
morningstar.com
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Tax Updates 2025 – What’s Changed On 2024 Tax Returns
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Dec 23, 2024 · And for heads of households, the standard deduction will be $21,900, which is up $1,100 from 2024. [2] 2024 tax brackets: Taxes due in April 2025. Depending on how much …
debt.com
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Changes That Could Impact NJ Taxes In 2025 - Bergen Record
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6 days ago · Trump promised to “get SALT back,” which means lifting the $10,000 cap on state and local property tax deductions. The cap affects high-tax, Democratic-leaning states like …
northjersey.com
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Senior Tax Rebate StayNJ Gets $220 Million In 2025 NJ State Budget
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Jun 29, 2024 · The tax rebate program was put in the 2025 NJ budget. ... older residents remain in New ... legislation to implement these changes be signed into law no later than Nov. 3 of …
northjersey.com
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Find Local Tax Services At A Tax Office Near You - H&R Block
2 weeks from now
All referrals must be submitted between 4/1/2024 – 3/31/2025 using hrblock.com ... You’ll receive a $50 discount for each new client you refer that completes a 2023 tax return with H&R Block …
hrblock.com
FAQs about 2024-2025 Tax Season Updates & New Tax Laws | H&R Block Coupon?
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