Explains how the new tax code replaces the 1961 Act with simpler rules and fewer exemptions. The key takeaway is a clearer, taxpayer-centric framework effective from April ...
WASHINGTON, DC - FEBRUARY 13: A sign for the Internal Revenue Service (IRS) is seen outside its building on February 13, 2025 in Washington, DC. Members of Elon Musk's Department of Government ...
Direct File was launched as a pilot program in 2024. It allowed eligible taxpayers in a limited number of states to file their federal returns directly with the IRS at no cost. The program was ...
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