Millions of taxpayers are using a new IRS form to claim deductions for tips, overtime, car loan interest and seniors. What is ...

A new tax break on overtime pay will save money for many workers. But the savings are less than you'd expect based on what doesn't qualify.

Investors who sell an investment at a profit in a taxable account incur a capital gain that they must report on their tax returns. For investments held longer than one year, the long-term capital ...

The end of the year approaches, savvy taxpayers know it's the perfect time for strategic planning. A crucial part of that planning involves understanding not just the tax rules for the return you're ...

Usually, tax laws are tweaked as we enter a new year. However, 2025 isn’t just another tax year for retirees; it’s expected to be among the most consequential in recent history. As a result of new ...

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 ...

Lower brackets rise more: Income thresholds for the two lowest tax brackets increase about 4% in 2026, while higher brackets rise roughly 2.3% compared with 2025. New breaks under Trump’s bill: ...

The One Big Beautiful Bill Act (OBBBA), passed on July 4, 2025, introduces several important tax law changes for restaurant owners and employees. Some of these new provisions will not go into effect ...

January 26 marks the official start date of the 2026 tax filing season, when the IRS will begin accepting and processing 2025 tax returns. April 15 is the filing deadline. Tax experts, including the ...

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 ...

Late December can be exhausting. The holidays are flying by, and with only a few days to spare in the year, it can feel like your window for tax planning has already closed, too. Your income is ...