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Direct Payments - English

Tax Day 2025 refund: How long will it take to get your deposit after filing your return?

Everyone knows that the deadline for filing tax returns is this April 15 and that the Internal Revenue Service (IRS) offers taxpayers practical options so that they can meet their tax obligations from the comfort of their own homeWith Free File, everything is easierThe IRS clears up stimulus tax mythsElectronic filing of tax returns is a great resource as it substantially reduces errors and speeds up the process, and to this end the IRS makes available its Free File service, a number of authorized providers of free software for this purpose that provide pre-filled and very intuitive formats for filing returns online.Other virtues of this service are that the vast majority of taxpayers qualify for free e-filing, as it is reserved for those with an adjusted gross income of $84,000 or less in 2024. There is also the advantage of […]

SPORTIVO April 10, 2025

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Agency_LATINWEB

Do you have to claim VA disability on taxes by April 15 deadline? Here’s what’s part of a Veteran’s gross income

As tax season approaches and the April 15 deadline nears, many Veterans find themselves asking whether they need to include VA disability payments on their tax returns. With a wide range of benefits and compensation options available through the Department of Veterans Affairs (VA), understanding what is and isn't taxable is essential to filing correctly and avoiding unnecessary stress. What Veterans need to know before filing their taxesThe good news for Veterans is that most disability-related benefits received from the VA are not considered part of gross income and therefore do not need to be reported on a federal tax return. This includes disability compensation, pension payments, housing and vehicle grants for disabilities, and benefits related to dependent-care assistance. These exclusions are designed to ease the financial burden for those who have served and are now living with service-connected disabilities.Veterans […]

SPORTIVO April 10, 2025

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Direct Payments - English

Tax Day 2025: What happens if I file my return one day late?

If there's one thing we know we have to do year after year, it's filing our annual taxes, although there's always someone who finds out at the last minute and problems will come on their own.Tax Day is April 15, and that date is just around the corner, but there are some taxpayers who have nothing prepared.Is It a Good Time to Buy a House?For those who file their return late, the first piece of advice is to try to avoid this happening, and secondly, they should know what the consequences of not filing their return on time and in due form are.What happens if I file my tax return one day late?The Internal Revenue Service (IRS) receives millions of last-minute tax returns, so it's normal to wonder if they might notice the delay in filing.But why take risks? If […]

SPORTIVO April 8, 2025

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IRS - English

Tax Day 2025: What is the deadline to file your return?

The deadline for filing taxes is fast approaching, but there is still time to do so.The 2025 tax season began in late January and many have already completed their return for this year, although there are always those who put off filing until close to the deadline declared by the Internal Revenue Service (IRS).IRS Tax Refund Calendar 2023: When will state and federal tax refunds be sent out?If you are one of those waiting, don't worry, you have a few days left, but don't let time pass you by. Here's a quick guide to make sure you're aware of everything you need to know for filing your annual return, including deadlines and how to file.What is the deadline for filing your tax return?Next Tuesday, April 15, is the deadline for most people to file their 2024 tax returns, a date […]

SPORTIVO April 7, 2025

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Agency_LATINWEB

Do banks report deposits to the IRS? Here’s when and why financial institutions report your transactions

Wondering if your bank's tattling to the IRS about that chunky deposit you just made? Banks don't spill the beans on every dime, but there are some key triggers that flip the switch on reporting your transactions. Whether you're stashing cash or wiring big bucks, knowing when and why financial institutions ping the IRS can save you some serious stress.The big one's cash deposits over $10,000. Drop that much in one go-or split it into related chunks within 24 hours-and your bank's legally bound to file a Currency Transaction Report (CTR), aka FinCEN Form 104. How to invest in the stock market?"Anything above $10,000 in cash, we've got to report it," a bank insider once explained, nodding to the Bank Secrecy Act's anti-money-laundering roots. Same goes for businesses-if you rake in over $10,000 cash from a client, IRS Form 8300's […]

SPORTIVO April 2, 2025

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Direct Payments - English

IRS Payment Schedule April 2025: When will your tax refund arrive this month?

Those who have already filed their tax return should be aware of the estimated date on which they will receive their refund.It should be remembered that the tax filing season began on January 27, 2025, and with it the receipt of direct deposits.Why your tax refund may be lower than expectedThe Internal Revenue Service (IRS) notes that most refunds arrive within 10 to 21 days, although the time may vary depending on a number of factors.The IRS sends refunds according to a schedule, which varies depending on the method you used to file your return, when you file it and the credits you claim.The website Copy Buzz states that the method of filing influences the processing time of a refund. It details that electronically filed returns are processed faster than paper returns. In addition, choosing direct deposit instead of a […]

SPORTIVO March 31, 2025

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