Many people will be shocked when they discover the intricate rules — and lack of supporting paperwork — when filing 2025 federal income tax returns.
Tax Talk offers some last-minute income tax filing tips. Read these then act quickly as you only have a few business days ...
While tax season won't start for at least another month, and most taxpayers won't need to file their 2025 tax returns until ...
With the April 15 tax deadline fast approaching, millions of Americans are scrambling to finalize their returns and avoid costly mistakes that could shrink their refunds or trigger audits. Now is a ...
By now, most people have heard about the “no tax on tips” and “no tax on overtime” provisions of “One Big Beautiful Bill” that became law during the summer. It sounds great. But unfortunately, the new ...
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 ...
Tax season is about to collide with one of the biggest rewrites of the code in years, and the result could be a noticeably different refund for millions of filers. Between routine inflation ...
WASHINGTON, D.C. (7News) — The April 15 tax deadline is one week away -- Many people are scrambling to file their tax returns on time. According to the Internal Revenue Service (IRS), nearly 18 ...
This week’s Tax Breaks newsletter also looks at fantasy football winnings, car-related tax deductions, stock options, IRS Chief Counsel nod, Taylor Swift tax, tax filing deadlines, and tax trivia.
The average American may notice a larger tax return in 2026, according to the White House. Larger child tax credit, an increased standard deduction, no tax on tips or overtime and other tax cuts ...
The new “no tax on tips” and “no tax on overtime” deductions require additional reporting by employers and other payers. However, rather than require more reporting this late in 2025, the IRS is ...
“The thresholds for clawing back child benefit increased on 6 April 2024, which would have been welcome relief for many. But ...