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Top News In Tax Season 2023 Today - Breaking & Trending Today

The Canada Revenu Agency Announced Major Changes That Could Affect Your 2023 Taxes

As tax season fast approaches, navigating this time of year is certainly no easy feat and with a slew of new changes outlined by the Canada Revenue Agency, you may not be totally up to date ahead of filing your 2023 income taxes. ....

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IRS updates 2024 brackets by 5.4% to counter inflation waves

The IRS once more, as outlined in the IRS's Inflation Reduction Act, has announced adjustments to tax brackets for the upcoming tax year. ....

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Child tax credit update: Here's why the child tax credit payments will be lower this year

The child tax credit will not be worth nearly as much as it has in previous years for taxpayers. ....

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Tax season 2023: Taxpayers still have time to avoid penalty worth at least $435

The deadline to avoid this penalty is set for June 17 this year. ....

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Tax season 2023: IRS advises early filers to consider filing an amended return if they reported tax refunds as taxable

The IRS s advisement comes as tax season starts to wrap up, with taxes in most states due on April 18. ....

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