by idei | Apr 3, 2025 | TaxBiz
The IRS warns that roughly $1 billion in tax refunds from fiscal year 2021 could end up in the U.S. Treasury if more than 1.1 million Americans don’t act soon. These refunds are for those who did not file their Federal Tax Return (Form 1040) for 2021, the taxes that...
by idei | Mar 27, 2025 | TaxBiz
Tax season is here, and many taxpayers are worried about potential refund delays following President Trump’s announcement of significant IRS staff cuts during this critical period. Tax experts confirm these concerns are valid and recommend filing as early as...
by idei | Mar 19, 2025 | TaxBiz
The Internal Revenue Service (IRS) has announced that it has issued more than $100 billion in tax refunds to taxpayers so far this filing season. A tax refund represents a reimbursement to taxpayers for any excess amount paid in taxes to the federal or state...
by idei | Mar 14, 2025 | TaxBiz
In 2022, the average American spent approximately $12,914 on healthcare, according to data from the Centers for Medicare & Medicaid Services (CMS). A Health Savings Account (HSA) is a valuable tool to help manage and reduce these costs. An HSA is a specialized...
by idei | Mar 6, 2025 | TaxBiz
A key economic priority for President Trump this year is to extend the provisions of his signature Tax Cuts and Jobs Act (TCJA), a 2017 law that reduced tax rates for most Americans, before they expire at the end of 2025. Now, Republican lawmakers have drafted a...
