personal finance

IRS 2025 Tax Season: 3 Crucial Reminders Every U.S. Taxpayer Should Know

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IRS 2025 Tax Season: 3 Crucial Reminders Every U.S. Taxpayer Should Know

Most American taxpayers are busy and do not give heed to the recent updates from the IRS. However, these updates are so significant that they can be beneficial for one’s pocket. For instance, taxpayers who suffered due to the forest fire which began in California on January 7, 2025 have good news. Now they can … Read more

Why Your Tax Refund May Decrease by $1,000 – IRS Explanation

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Why Your Tax Refund May Decrease by $1,000 – IRS Explanation

With the onset of the 2025 tax season, the US Revenue Service (IRS) had reported an extraordinary fall in the average amount of tax refunds. As on February 14, the mean refund value is $2,169,-32% below last year’s refund value of $3,207. Such an unpredictable dip in refund amounts is becoming a cause for concern … Read more