A new tax deduction for many adults 65 and older has plenty of rules and requires new paperwork. What you need to know when ...
Many Americans will see bigger refunds and new deductions, while others may be revisiting the dreaded alternative minimum tax. Don’t panic just yet.
The average IRS tax refund is up 10.6%, based on early filing data. Here's what you can expect.
Tax returns received and processed remain slightly below last year’s pace, even as the average refund climbs to $3,804.
"We've heard from accountants who want some certainty on how to file the taxes and do the refunds correctly," Ways and Means ...
Withholding on qualified overtime compensation: For tax years beginning after 2024 and ending before 2029, P.L. 119-21 allows ...
The IRS will start accepting 2025 tax returns for the 2026 filing season on Jan. 26. Employers have until Jan. 31 to send out W-2 tax forms, but some have already made them available online. Trump's ...
Tax season opened this year on January 26, 2026, and the IRS expects to process more than 164 million individual tax returns for the 2025 tax year. But not everyone is rushing to file, and not ...
Due to several major tax rule changes, your 2025 return might feel unfamiliar even if your income looks the same.
If you don’t have enough deductions to itemize, you’ll take the standard deduction, which was increased for 2025: $15,750 for singles and $31,500 for married taxpayers who file a joint return. The ...
The Internal Revenue Service says it will accept federal tax filings on Jan. 26. The Oregon Department of Revenue will begin accepting state tax filings the same day. Oregonians are encouraged to send ...
The average IRS tax refund is up 10.2%, based on early filing data. Here's what filers need to know.