Tax Year: The period of time which is covered by a particular tax return. Many firms simply use the calendar year as their tax year, however this is not always required. When a firm begins or ends.. Almost every Florida school will start the 2024-2025 school year on the first possible date — Aug. 12 — after Aug. 10, which falls on a Saturday this year. Alachua : Aug. 12 Baker : Aug. 12
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IR-2023-05, January 12, 2023. WASHINGTON — The Internal Revenue Service today announced Monday, January 23, 2023, as the beginning of the nation's 2023 tax season when the agency will begin accepting and processing 2022 tax year returns. More than 168 million individual tax returns are expected to be filed, with the vast majority of those coming before the April 18 tax deadline.. The maximum amount of earnings subject to these payroll taxes will increase in 2023 to $160,200 up from the $147,000 in 2022. Other tax year 2023 changes. Fringe benefits:. Gift tax: For those gifting, the annual exclusion for gift tax increases to $17,000 per recipient for calendar year 2023, up from $16,000 for calendar year 2021.
