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IRS News: 401(k) limit increases & IRA limit rises

The Internal Revenue Service announced today that the amount individuals can contribute to their 401(k) plans in 2023 has increased to $22,500, up from $20,500 for 2022. The IRS...
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IRS News: IRS provides tax inflation adjustments for tax year 2023

The Internal Revenue Service today announced the tax year 2023 annual inflation adjustments for more than 60 tax provisions, including the tax rate schedules and other tax changes. Revenue Procedure...
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Today is the deadline for the Tax Extensions!

Make sure to be on time. We are accepting walk-ins today from 9:00 AM to 7:00 PM source: IRS.gov
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Why is this Oct. 17 tax extension deadline important?

The Internal Revenue Service reminds taxpayers who requested an extension to file their 2021 tax return to do so by Monday, October 17. No one should pay any more...
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Middle Class Tax Refunds Start Hitting Bank Accounts

California Middle Class Tax Refund payments go out starting Today: Friday. See how much you’ll get! $9.5 billion in Middle Class Tax Refund payments will begin going out to Californians, with...
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Filing extension? Don’t miss these important tax benefits

The Internal Revenue Service reminds taxpayers who’ve yet to file their 2021 federal income tax return to make sure they take advantage of the deductions and credits for which...
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