IRS urges taxpayers to prepare now for the 2026 filing season with new rules, filing tips and major changes that could save time and stress.

The IRS requires quarterly estimated tax payments on income that is not automatically subject to federal withholding.

U.S. multinational corporations will be exempted from paying more corporate taxes overseas in a deal finalized by the Organization for Economic Cooperation and Development. The OECD announced Monday that nearly 150 countries have agreed on the plan,

Discover how dependent care benefits can offer tax advantages and flexible spending options for caregiving employees. Learn about FSAs, tax credits, and paid leave.

While the IRS Direct File program has been shut down, there are still ways to file your taxes for free. Here's what to know.

Treasury Secretary Scott Bessent said the exemption marked a victory for U.S. businesses over "extraterritorial overreach."

Tax professionals say multiple income streams often lead to under-withholding, leaving workers surprised by tax balances they didn't anticipate.

Eliminating state income taxes sounds great to many voters, but Republicans backing the push in multiple states still face questions about whether such big tax cuts can be made without raising other taxes or sharply cutting state funding for education,

A tax wedge is the difference between before-tax and after-tax wages. It also refers to the market inefficiency that is created when a good is taxed.

Standard deduction: This is the set amount that taxpayers can deduct from their taxable income. The standard deduction for the 2025 tax year will rise by $750 — to $15,750 — for single filers or married people filing separately. It’ll increase by $1,500 for married couples filing jointly, to $31,500.