After months of Trump administration officials forecasting "very large refunds" in the 2026 filing season, early taxpayers ...
While most Americans may still face a seamless tax season, the staff cuts coupled with new laws threaten to make the 2026 filing season more difficult, frustrating, and costly for taxpayers, ...
The most pressing tax law developments of the past month.
The child tax credit was raised to $2,200 per child, yet it remains only partially refundable and far below its 2021 level.
The 2026 tax filing season is underway, and major changes approved by Congress last year could mean larger refunds for many Americans, according to consumer expert Herb Weisbaum, contributing editor ...
Tax season's about to open amid some of the biggest tax law changes since 2017. Is that a reason to hire a pro or will DYI cut it? Here's how to know.
Separate reports from two federal oversight bodies warn that the IRS may struggle to maintain service levels between now and ...
The Internal Revenue Service announced the opening of the 2026 filing season on Monday, with taxpayers required to file their ...
• Total contributions to all traditional individual retirement accounts and Roth IRAs will be capped at $7,500 ($8,600 for individuals age 50 or older) or the taxable compensation for the year, ...
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 ...
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