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Tax season 2024: The final numbers

Accounting Today

The number of individual income tax returns received rose by 16.34% in the final week of tax season.

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IRS extends RMD relief to 2024

Accounting Today

The Internal Revenue Service is extending tax relief on required minimum distributions from retirement accounts not made in 2024 after providing similar relief in recent years.

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States cut taxes in 2024

Accounting Today

Fifteen states are reducing either individual or corporate income taxes this year, with some states trimming both individual and corporate taxes, among 34 states starting the year with significant tax changes.

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Tax season so far: Eclipsing last year

Accounting Today

At 90,315,000, the number of individual returns received this tax season finally surpassed the same period last year, up 0.2% as of March 29, 2024.

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Tax Technology Outlook for 2024

Insightful Accountant

In 2024, tax tech is evolving rapidly with AI, data analytics, and blockchain. Tax pros need to adapt to these innovations for effective use.

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Inflation expected to drive up tax bracket limits in 2024

Accounting Today

Inflation-adjusted amounts in the Tax Code are predicted to increase 5.4% in 2024, according to a new report from Bloomberg Tax.

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Reasons to come and visit Xero at Accountex London 2024

Xero

Here’s why you should join us on 15-16 May at Accountex 2024. From tax to payroll – our masterclasses have you covered Our education team is bringing you masterclasses on the topics that matter most in your practice. The post Reasons to come and visit Xero at Accountex London 2024 appeared first on Xero Blog.

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