The 2026 tax season can be summed up in two words: Complexity and cash. Many can expect bigger refunds, but detailed rules apply to many tax breaks.
Before you claim a key deduction, make sure you qualify.
Whether you need to file a federal tax return for the 2025-2026 tax year depends mainly on your income, filing status, and age. In general, you’re required to file if your gross income exceeds the IRS ...
Tax-filing season has officially begun and will run though April 15. Hassle though it may be to file your federal income tax return, if you are like a majority of US filers, you will get a refund soon ...
It's almost tax season! And the number one question we see every year is: when can I expect my tax refund? Most taxpayers receive their IRS tax refund within 21 days of filing, but actual dates vary ...
Tax credits are the best way to keep more of your money come April 15 because — unlike deductions, which only reduce your taxable income — they lower your bill on a dollar-for-dollar basis. Even ...
If tax season wasn't already unpleasant enough, the 2026 tax cycle could soon be bogged down by a looming government shutdown. The Internal Revenue Service officially began accepting tax returns on ...
Many Americans will see bigger refunds and new deductions, while others may be revisiting the dreaded alternative minimum tax. Don’t panic just yet.
A severance tax is imposed by states on extracting non-renewable resources, like oil and gas, for external consumption. It ...
The amendment deadline for IRAs, SEP arrangements, and SIMPLE IRA plans is now December 31, 2027, reflecting the scope of the SECURE 2.0 Act and questions on CARES Act and disaster-relief provisions.
WASHINGTON — President Donald Trump is suing the IRS and Treasury Department for $10 billion, as he accuses the federal agencies of a failure to prevent a leak of the president's tax information to ...
Rules on inherited IRAs have tightened, and most non-spouse beneficiaries must empty the pot in 10 years or face stiff ...