On December 19, 2025, the IRS issued Notice 2026-1, providing a safe harbor for taxpayers seeking to claim the federal income ...

Opponents of the bill have seized on what they describe as a “marriage penalty,” because the $1 million threshold for paying the tax does not go higher for married couples. That floor would rise in ...

For single filers, the lowest bracket for 2025 includes income below $26,800, an increase of $750 from the previous year.

This comes after a provision of the American Rescue Plan Act expired Dec. 31. That measure, signed into law in 2021 by former ...

Federal income tax returns for 2025 must be filed by April 15, 2026. Americans living or traveling outside the U.S. and Puerto Rico on April 15, 2026, receive an automatic two-month extension to file ...

IRS deadline for key tax forms has passed, and businesses may face penalties for late, incorrect, or missing filings.

The new, temporary senior deduction gives taxpayers 65 and older who fall within income limits the opportunity to deduct up ...

Finance Minister Nirmala Sitharaman's ninth budget speech offers a scope for growth to the middle class and small investors through various means.

Don't let tax season catch you off guard. We break down the key differences on a W-2 and 1099 forms that directly impact your tax refund.

TurboTax 's free edition lets you report W-2 income, the Child Tax Credit, the Earned Income Tax Credit, deductions for student loan interest and some interest and dividends. According to TurboTax, ...

The 2026 Iowa Property Tax Credit Claim application to be filed this year for credit on your 2025 taxes-payable Sept 2026 and March 2027 are out.

Reporting your digital asset income has changed this year. Learn how the new IRS rules will affect your tax filing and why ...