Taxes

IRS to Send Unclaimed Stimulus Checks to 1 Million Taxpayers Worth Up to $1,400

The IRS is sending unclaimed stimulus checks worth up to $1,400 to 1 million eligible taxpayers who missed out on the 2021 Recovery Rebate...

IRS Increases the Standard Mileage Rate for Business Use in 2025

The IRS increases the standard mileage rate for business use in 2025, offering taxpayers updated guidelines for calculating deductible vehicle expenses. Starting January 1,...

Social Security Full Retirement Age to Increase in 2025: What You Need to Know

Social Security Full Retirement Age Change: The Social Security full retirement age (FRA), the benchmark for claiming 100% of your retirement benefits, will...

Federal Court Order Temporarily Halts Beneficial Ownership Information Reporting Requirement

Beneficial Ownership Information (BOI): The U.S. Department of the Treasury has announced that the obligation for companies to file Beneficial Ownership Information Reports (BOIR)...

Beneficial Ownership Reporting: What U.S. Companies Need to Know About FinCEN Requirements

New Reporting Requirement for Beneficial Ownership Information (BOI) For U.S. Companies: Beginning on January 1, 2024, numerous companies will need to disclose Beneficial Ownership...

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