Greg Holt (@InspirationalChristianBlogs)
Posted
0 replies · 0 reposts · 1 likes
#news #IRS #taxes #money #rules "It's likely to turn into one wild and wonky tax season. "Many people will be thrilled to see larger-than-usual federal income tax refunds — some may end up $500 to $1,000 bigger than a year ago — thanks to several new changes in the tax rules, including special tax deductions on overtime and an extra bonus deduction for many taxpayers age 65 and older. "The One Big Beautiful Bill Act made more than 100 changes to the tax code, according to a new report by the National Taxpayer Advocate. And we're talking about some extremely detailed rules that could trip taxpayers when filing 2025 federal income tax returns." https://www.usatoday.com/story/money/taxes/2026/02/03/new-tax-rules-more-complexity/88496553007/