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Everyone knows the deadline for filing their income taxes is April 15th. But not everyone has to file. People whose adjusted gross income is less than the standard deduction are exempt from filing in most instances.
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IRS has some tips for getting ready to file your 2025 tax return.
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The Internal Revenue Service has increased the optional standard mileage rate for business use of automobiles for 2026. Optional standard mileage rates are used to calculate the deductible costs of operating vehicles for business, charitable, and medical purposes.
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Last week, the IRS announced that the limit individuals can contribute to their 401(k)s has increased for 2026 from $23,500 to $24,500. The limit on annual contributions to an IRA is increased to $7,500 from $7,000.
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United Way needs more tax return preparers and will provide volunteers with free training, certification, and all the support needed to become IRS certified tax preparers.
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Nearly 40,000 IRS employees remain on the job, including 3,500 new customer service representatives who began training on September 22nd. While walk-in Taxpayer Assistance Centers are closed, the IRS customer service telephone lines are still open, although taxpayers and practitioners are reporting difficulty in getting through to an IRS representative. IRS will not respond to correspondence during the shutdown.
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The Internal Revenue Service (IRS) is changing how it enforces political rules for churches, creating discussion among Southwest Florida religious leaders.
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IRS deadline for filing federal taxes for 2024 extended for all Florida counties.
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Timothy Meade, of Fort Myers, operated a prison phone call service under several business names and failed to pay employment taxes for 10 years.
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