In January 2025, the IRS provided crucial updates on the federal tax status of special payments made by 21 states. These ...

There are several tax deductions for homeowners, from interest paid on your mortgage to specific home improvements. Find out ...

Donald Trump has returned to the White House for a second term. During his first, Trump overhauled the tax code with his 2017 ...

Tax deductions, tax credit amounts, and some tax laws have changed since you filed your last federal income tax return.

Discover how the IRS Direct File program could impact your tax filing process and why it's stirring controversy. Learn about ...

IRS Direct File launched last year as a way to file your taxes with the federal tax agency — for free. At the time, there ...

The IRS has made its annual inflation adjustments for more than 60 tax provisions, including tax rate schedules and the ...

Hi! Welcome to Kiplinger's 2025 tax season live blog. Since the IRS started accepting tax returns on January 27, we'll ...

It’s official, the IRS begins accepting 2024 tax filings today. Over 200 million returns will soon start trickling in—and ...

As tax season approaches in 2025, understanding the standard deduction is crucial for reducing your taxable income and minimizing your tax bill.

The Gem State will join 24 other participating states in the IRS’s Direct File program, doubling its participation rate from ...

Tax deductions can work both as above-the-line deductions or as itemized deductions. Above-the-line deductions are applied to your adjusted gross income (AGI) even if you claim the standard ...