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 ...

A look at what's changing and how to get the most out of your refund. Fact checked by Vikki Velasquez The One Big Beautiful Bill Act (OBBBA) has made permanent some of the adjustments from the 2017 ...

On Tuesday, the Internal Revenue Service announced its annual inflation adjustments for 2025, including updates to the federal income tax brackets and standard deduction. The standard deduction — ...

Millions of Americans will collect bigger tax refunds this filing season, thanks to an assortment of new tax breaks legislators introduced in a landmark tax and spending bill last summer. Affluent ...

The deadline to file 2025 tax returns is April 15, 2026. Taxpayers can file for a six-month extension, moving the deadline to October 15. Most refunds are issued in less than 21 days for those who ...

A new tax form, Schedule 1-A, introduces four new deductions for the 2025 tax year. All four write-offs are "below-the-line" deductions, which reduce taxable income but not adjusted gross income. Each ...

Tax filing season is in full swing, and while preparing your taxes can often be filled with stress, misplaced documents, and worries about proper filing, this year, there may be a silver lining.

South Carolina has given taxpayers until October 15 to file their state returns while it considered to adopt new tips and overtime deductions. Other states are still debating what to do. This voice ...

At a 12% marginal tax rate, for example, the $6,000 enhanced senior deduction for a single taxpayer who is 65 or older would result in $720 in tax savings. The new enhanced deduction for seniors on ...

A look at what's changing and how to get the most out of your refund. Nathan Reiff has been writing expert articles and news about financial topics such as investing and trading, cryptocurrency, ETFs, ...