Prepare for the 2026 tax season. Find key deadlines, including the expected April 15 filing date, and learn why the IRS is ...
By late December, many tax savings strategies are off the table. But there are still a few simple things that you can do now ...
The Internal Revenue Service announced tax relief for individuals and businesses in Washington state affected by severe storms, straight-line winds, flooding, landslides and mudslides that began Dec.
We estimate income and taxes for the wealthiest group of US households by matching Forbes 400 data to the individual, business, estate, and gift tax returns of the corresponding group in 2010–2020. In ...
Looking ahead, tax season will kick off in late January. The IRS has not yet announced the date it’ll officially start begin ...
Got a tip on a tax dodger? The IRS Whistleblower Office has updated Form 211, allowing tips to be submitted digitally for the ...
The standard deduction has been super-sized for seniors. Starting with 2025 federal returns (filed in 2026), taxpayers 65 and older can claim an additional $6,000 without itemizing, thanks to tax ...
The Senate is expected to vote Thursday on a Democratic proposal to extend existing Affordable Care Act tax credits for three years. But the plan is not expected to get the votes it needs to advance.
“I want to make it as simple as possible for people to file taxes and access the tax credits and deductions they’ve already earned but often miss out on,” Polis said in his letter. “I was disappointed ...
Trump accounts are a new type of tax-deferred investment vehicle for U.S. children, created under President Trump's "big, beautiful bill" tax and spending bill, which promises $1,000 seed ...