Bessent expects taxpayers will see 'very large' tax refunds early next year

Treasury Secretary Scott Bessent said that American households could receive substantial $1,000-$2,000 tax refunds in early ...

Seniors to Get $6,000 Tax Deduction Next Year

This bonus will come in addition to the existing extra standard deduction for seniors, which the IRS has increased as part of ...

IRS Details New Tax Credit For 2027

States must now decide whether to participate, with their decisions determining the federal credit’s availability to ...

Am I getting a large tax refund? Trump administration says 'extra $1,000'

White House Press Secretary Karoline Leavitt told reporters that the upcoming tax refund season is "projected to be the ...

To Get This New Tax Deduction, You Must Calculate Your Overtime Pay—Here’s How

Taxpayers will need to calculate for themselves how much they can subtract from their 2025 taxable income using the new ...

IRS Says It’s Not Too Early To Get Ready For The 2026 Tax Season

The IRS urges taxpayers to get organized now to take advantage of changes under OBBBA that could impact tax deductions and ...

I’m a Tax Expert: 9 End-of-Year Tax Moves You Should Make Before Dec. 31

The final weeks of the year offer some of the most valuable opportunities to lower your upcoming tax bill, but only if you ...

IRS Says You Made a Tax Return Mistake? A New Law Could Help You Fight Back

Updated taxpayer protections change what the IRS must explain on error notices and how long you have to respond.

Your property tax bill may be higher than it needs to be. Here’s what to do about it

My property taxes have ballooned 134% over my 20 years of homeownership. It seems like every year I grumble about another increase, pay the bill and move on. Recent data, however, has me rethinking my ...