Taxpayers face a learning curve for figuring out how key tax deductions in the mega tax bill will work when they file 2025 tax returns next year.

In this week's Ask the Editor Q&A, Joy Taylor answers more questions about the use of qualified charitable distributions ...

The Department of State (DOS)’s monthly Visa Bulletin informs applicants of their “place in line” for an immigrant visa based on the person’s priority date. For family-based petitions, the priority ...

In this week's Ask the Editor Q&A, we answer five questions from readers relating to end-of-year tax planning, capital-loss harvesting and the wash sale rule.

The Internal Revenue Service released Revenue Procedure 2025-32, detailing the inflation-adjusted tax brackets, standard deductions, and key credits for the 2026 tax year. The updates – shaped by the ...

Discover who must file Form 1040 or 1040-SR in 2025, key deductions, and credits. Learn filing deadlines, penalties, and electronic options for accurate tax ...

If you earn tips or overtime, the IRS just made your 2025 tax season a little more interesting. A new draft form, Schedule 1-A, lets you claim deductions on those earnings, along with car loan ...

The Department of Treasury is transitioning to fully electronic payments, a change that means tax refunds issued by the IRS ...

Millions of Americans who were granted tax filing extensions have until 11:59 p.m. on Wednesday to file their returns.

Taxpayers who want to claim some attractive new income tax deductions that were packed into the One Big Beautiful Bill Act will need to keep their records — and get ready to file yet another form to ...

STATEN ISLAND, N.Y. — The IRS announced the 2026 tax brackets for federal income ahead of the impending tax season. These brackets are fine-tuned annually due to inflation, offering a bit of a ...

The Franchise Tax Board (FTB) reminded taxpayers today that Wednesday, October 15, 2025, is the deadline for filing 2024 state personal income tax returns to avoid a late filing penalty.