Many Americans will see bigger refunds and new deductions, while others may be revisiting the dreaded alternative minimum tax. Don’t panic just yet.

Changes enacted through last year's federal tax bill are likely to bring savings to many taxpayers, including homeowners, ...

The IRS releases new tax brackets every year, indicating how much tax you owe. Here's a breakdown of the 2025 tax brackets.

Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced deduction for seniors.

To qualify for the full deduction, your taxable income can’t be more than $100,000 if you’re a single filer or $200,000 if ...

This tax season, many people could be hearing oversimplified versions of some complicated tax changes on 2025 tax returns.

The Internal Revenue Service has now locked in the 2025 income tax brackets, standard deduction amounts, and key retirement contribution limits, setting the rules that will govern how much of your ...

Taxpayers should prepare for major tax-policy shifts this year. Forbes’ expert contributors explain how — and when — key rule changes may affect you. With so many rule changes taking effect at once, a ...

The average tax refund was $2,290 through Feb. 6 — up 10.9% from $2,065 a year ago, according to the IRS.

Most states require you to file a tax return. Here's what you need to know and why 2025 state taxes may be especially complex ...

The average IRS tax refund is up 10.9% so far this season, according to early filing data. Here's what taxpayers can expect.

Tax season is approaching, meaning millions of Illinois residents will soon have to turn their attention to W-2s and tax brackets. Every year, the Internal Revenue Service announces new tax brackets, ...