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 ...

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 ...

“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 ...

Although the U.S. government remains closed, taxpayers who requested a filing extension from the IRS earlier this year remain on the hook to submit their income tax returns by Oct. 15. "Taxpayers ...

Managing your finances in a tax-efficient way requires planning and understanding of the current tax laws. A key aspect of that planning is being aware of federal income tax brackets. These brackets ...

There’s this great lyric in the Randy Travis song, “Is it still over?” where Travis sings, “Since my phone still ain't ringing, I assume it still ain't you.” That’s how I feel about the IRS these days ...

The IRS announced that the tax brackets for the 2026 tax year increased by about 2.3% to keep up with inflation and ensure that Americans pay the same proportion of taxes. The "One Big, Beautiful Bill ...

Americans are getting an important first look at their tax situation for next year, as President Donald Trump’s One Big Beautiful Bill Act continues to remake the tax code. Despite its partial closure ...

The Internal Revenue Service on Thursday released inflation adjustments for dozens of tax provisions for 2026, alongside changes required by the One Big Beautiful Bill Act, lifting the standard ...

Millions of Americans are set to see changes to how much they can deduct, save and claim on their taxes, as the IRS has released its inflation-adjusted tax thresholds for 2026. The updates affect more ...

The IRS is adjusting the income limits for its federal income tax brackets to account for the impact of inflation, an annual reset that could provide relief for some Americans when they file their ...

The IRS has released new federal income tax brackets for 2026, the agency announced in a news release published on Thursday, Oct. 9. The updates are due to changes in inflation and a new tax law that ...