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 ...

One of the biggest changes hitting tax filers this year is that overtime hours won’t be taxed. Under the newly signed ...

Canadians heading into the 2025 tax filing season will see a range of federal tax changes and updated benefits as the Canada Revenue Agency opens its online services on Feb. 23. One of the most ...

The average tax refund has jumped to $2,290, despite fewer people filing returns in the early weeks of tax season.

The One Big Beautiful Bill Act made some long-awaited permanent changes to the tax code. It also introduced short-term tax breaks that come with strict limits and phaseouts, and many of them are only ...

The agency lost more than 25% of its staff to cuts, and it’s also dealing with new provisions from the tax and spending law passed in 2025.

Halfpricesoft, an accounting and payroll solutions provider, announced the latest version of its ezW2Correction software, which is intended to assist with file corrections for years 2015 to 2025 tax ...

The new law replaces “Previous Year” and “Assessment Year” with one unified “Tax Year.” This simplifies return filing and reduces confusion for ...

The Budget proposes PAN-based compliance, digital certificates, and lower LRS TCS rates. At the same time, stricter monitoring rules widen the compliance ...

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

The 2026 filing season opened on January 26, and according to preliminary data from the IRS, the average refund is up considerably on last year.