Reported about 21 hours ago
As the 2025 tax filing deadline approaches, experts emphasize key strategies for maximizing returns, particularly for freelancers and retirees. With the IRS reporting higher average refunds this year, changes like the increased child tax credit and adjusted tax brackets could benefit many taxpayers. Freelancers should keep track of deductible business expenses and separate accounts, while retirees are advised to manage required minimum distributions and consider tax credits. Overall, awareness of new regulations and adjustments can significantly optimize tax outcomes.
Source: YAHOO