IRS data from the fourth week of the tax filing season—the week ending February 21, 2025—continues to suggest that taxpayers are not excited about filing this tax season. Tax filing statistics are ...
Many taxpayers could see bigger refunds in 2026. From average refund amounts to delays, deductions, and credits, here’s what ...
You can expect a slight break in your state income taxes this year if you're living in the right place. Thomas is a native of upstate New York and a graduate of the University at Albany. As a former ...
Suggestions that Republicans should allow the top federal individual tax rate to revert from 37 percent to 39.6 percent have sparked significant debate within the party as negotiations continue over ...
The first step to surviving tax season is to know which IRS federal income tax brackets you fall into. Here's a full ...
Marginal vs. effective tax rates are two ways to express the percentage of your income that goes to tax. But they're each used for very different purposes.
Most people will have a lower tax rate in retirement versus their working years, according to financial advisors and researchers. However, some retirees won't be as lucky due to factors like large ...
Investors who sell an investment at a profit in a taxable account incur a capital gain that they must report on their tax returns. For investments held longer than one year, the long-term capital ...