by Tax News | Dec 11, 2025 | Tax Tips and News
An Identity Protection PIN (IP PIN) is a six-digit number issued by the IRS to safeguard your federal tax return from identity theft and fraud. It ensures that only you, or someone you authorize, can file a tax return using your Social Security Number or Individual...
by Kashmann Financial | Dec 11, 2025 | Tax Tips and News
1. State Income Tax RateFor tax year 2025, Colorado continues to maintain a flat individual and corporate income tax rate of 4.40%. There are no scheduled changes to this rate for the year. However, a temporary reduction to 4.36% is projected for tax year 2027,...
by Kashmann Financial | Dec 11, 2025 | Tax Tips and News
1. Standard Deduction (2025)For 2025, the inflation-adjusted standard deduction amounts are: Married Filing Jointly/Qualifying Surviving Spouse: $30,000 Single or Married Filing Separately: $15,000 Head of Household: $22,500 These amounts reflect an increase from...
by Tax News | Dec 3, 2025 | Tax Tips and News
It’s holiday shopping season. It’s also the warm-up for tax season. Two quick updates to know this December. Security push this week The IRS and state tax agencies are using early December to promote National Tax Security Awareness Week. The message is simple: thieves...