Key Takeaways - If You Deposit a Lot of Cash, Does Your Bank Report It to the Government? Depositing $10,000 or more in cash means your bank or credit union will report it to the federal government.
Another change to the tax code could mean you get a higher refund this year. A state law that went into effect in January pushes the income tax rate down from 4.5% in 2024 to 4.25% in 2025. In 2026, ...
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