Many taxpayers often find themselves confused when choosing between the new tax regime and the old regime. The dilemma becomes more serious when someone files their Income Tax Return (ITR) under one ...

Tax season opened this year on January 26, 2026, and the IRS expects to process more than 164 million individual tax returns for the 2025 tax year. But not everyone is rushing to file, and not ...

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 ...

Early-bird tax filers will be happy to know that the Internal Revenue Service will begin accepting and processing 2025 income tax returns on Monday, Jan. 26. Taxpayers are likely to be shocked to ...

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 ...

Free File is not Direct File, which the IRS has discontinued for the 2026 tax season. This tax season, according to the IRS, eight private-sector partners are offering guided tax software products ...

The Earned Income Tax Credit (EITC) is a tax break designed to help those with low to moderate incomes. Its especially intended to benefit working parents who fall within those income ranges. The EITC ...

Preparing a 2025 tax return is likely to take more time, as workers who received tips or overtime pay in 2025 figure out what qualifies for new tax breaks. IRS gives some very specific examples in ...

The Internal Revenue Service started accepting federal tax returns in late January. Federal income tax returns are due on Wednesday, April 15. New York state income taxes are also due on April 15. The ...