This tax season, many people could be hearing oversimplified versions of some complicated tax changes on 2025 tax returns.
Taxpayers and tax professionals alike expected the IRS to issue new withholding tables and Forms W-2 to reflect changes under the One Big Beautiful Bill Act. The IRS now says that won’t happen in 2025 ...
Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced ...
Your tax filing status—single, married, or head of household—can affect how much money your employer withholds from your paychecks to cover your estimated taxes.
The IRS increased the optional standard mileage rate used to calculate the deductible costs of operating a vehicle for business to 72.5 cents per mile driven, up 2.5 cents from 2025. The increased ...