Taxpayers should prepare for major tax-policy shifts this year. Forbes’ expert contributors explain how — and when — key rule changes may affect you. With so many rule changes taking effect at once, a ...

Whether you need to file a federal tax return for the 2025-2026 tax year depends mainly on your income, filing status, and age. In general, you’re required to file if your gross income exceeds the IRS ...

For federal income tax purposes, your marital status is determined under state law as of the last day of the calendar year. That matters when choosing your filing status. Your filing status is one of ...

For many Americans, the hardest part of tax season is not the math, it is figuring out whether they are even required to file. The rules hinge on income, filing status, age, and a handful of special ...

The One Big Beautiful Bill Act introduces several changes for the 2025 federal income tax filing season. Standard deduction amounts will increase for all filing statuses, including to $31,500 for ...

A new $6,000 deduction for senior citizens and less taxes on tips and overtime are some of the biggest changes for your 2025 tax return. Peter is a writer and editor for the CNET How-To team. He has ...

Early birds can submit their 2025 tax returns today and receive their potential tax refunds in two to three weeks. Peter is a writer and editor for the CNET How-To team. He has been covering ...

NEW YORK — Tax season is underway and you have until April 15 to file your return with the IRS. If you want to avoid the stress of the looming deadline, start getting organized as soon as possible.

Those W2s and 1099s are starting to trickle into your mailbox and inboxes. Yes, tax season is upon us, and there are new and updated tax withholdings you'll need to know before filing. What are ...

Income brackets and the standard deduction will increase slightly for the 2026 tax year, the Internal Revenue Service announced Thursday. Tax brackets will rise by about 4% for lower-income ranges and ...

It’s reasonable to expect that your taxes should ease up a bit once you retire. But between Social Security taxes, retirement withdrawals and investment income, many older Americans still face a ...