How to file your 2025 tax return: The best step-by-step guide

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How to file your 2025 tax return: The best step-by-step guide

//business-finance.news-articles.net/content/202 .. 2025-tax-return-the-best-step-by-step-guide.html

Published in Business and Finance on Sunday, January 26th 2025 at 10:40 GMT by MARCA
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

The wait is over and the tax season officially begins on January 27 and will run until April 15, 2025, a period in which the Internal Revenue Service (IRS) expects taxpayers to fil

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The article from Marca discusses the financial challenges faced by Americans in 2025, highlighting a significant increase in personal debt, particularly credit card debt, which has surpassed $1 trillion. It points out that despite economic recovery signals, many individuals are struggling with the rising costs of living, including housing, healthcare, and education. The piece also touches on the impact of inflation, which has not been matched by wage growth, leading to a decrease in real income for many. Furthermore, it mentions the growing reliance on side gigs and multiple jobs to make ends meet, and the increasing use of 'Buy Now, Pay Later' services, which might be contributing to the debt cycle. The article concludes by suggesting that financial literacy and better economic policies are crucial to address these issues, emphasizing the need for sustainable financial planning and government intervention to alleviate the burden on the average American.

Read the Full MARCA Article at:
[ https://www.marca.com/en/lifestyle/us-news/personal-finance/2025/01/26/6796550522601d1b518b458d.html ]

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