As it does each year, the IRS has announced inflation adjustments to several tax credit and deduction amounts for 2026. This includes new 2026 income tax bracket thresholds, higher standard deduction ...

Claiming family tax credits is a must if you're eligible. Not only can family tax breaks lower your tax liability, but they may even increase your refund. However, which credits you qualify for can ...

The Internal Revenue Service has long offered taxpayers the option of receiving their refunds by check by mail, or by direct deposit — but those days are officially over. “This marks the first step of ...

Millions of taxpayers have been reminded to file their 2024 tax returns by the end of Wednesday. The Internal Revenue Service (IRS) said the October 15 deadline applies to taxpayers who were granted ...

LOS ANGELES (KABC) -- A tax filing extension was set to end Wednesday for Los Angeles County residents impacted by the devastating January wildfires. The Eaton, Palisades and other fires disrupted ...

(NEXSTAR) – An estimated 20 million taxpayers will need to file before this week’s deadline, the Internal Revenue Service (IRS) warned Tuesday. While most people filed earlier this year, returns are ...

The IRS published inflation-adjusted tax brackets for 2026. Overall changes reflect a 2.7% inflation level, slightly lower than current rate. Changes made in the budget bill give taxpayers bigger ...

The IRS really means it this time when they say that high earners will have to start paying tax soon on their catch-up 401(k) contributions and then deposit them into workplace Roth accounts. Sort of.

“It’s going to take years before the IRS gets to its pre-2025 levels of efficiency, if at all,” said Phil Karter, a shareholder at Chamberlain, Hrdlicka, White, Williams & Aughtry. The furlough of ...