In other words, many taxpayers will pay more upfront and get a bigger refund in 2026. Kelly estimates that the average refund ...

Taxes may be fact of life, but have you ever been up close and personal with a Form 1040? Here's a beginner's guide to understanding how federal income tax returns work. Many, or all, of the products ...

Every tax season, millions of Americans eagerly await their refund check. It's often called the “biggest payday of the year.” But should it be? A refund is money that rightfully belonged to you, which ...

The IRS started accepting tax returns on Jan. 27 — and by the April 15 federal deadline, the agency expects to receive more than 140 million individual tax returns. That means millions of people will ...

If you are waiting on your tax refund, many are wondering if they'll have to wait even longer this year as thousands of IRS employees are being terminated right in the middle of tax season. Roughly ...

It happens more often than you might think. Life gets busy, finances get complicated and suddenly, a year (or more) goes by without filing your tax return. Whatever the reason, though having unfiled ...

Sometimes, you just need more time. The deadline to file a tax return with the Internal Revenue Service is drawing near and there are options for people who don't think they will make the April 15 ...

It's time to get your finances in order because Tax Day will be here before you know it. Tax Day, the annual day when individual income tax returns are due to the federal government, is April 15. But ...

If you're unable to file your 2024 federal income tax return by the standard deadline of April 15, 2025, you risk facing penalties and interest on any unpaid taxes. The traditional penalty for an ...

The standard deduction is also going to increase for the 2026 tax year, so those high earners who claim the standard deduction will get to subtract more of their money from their taxable income. The ...

Tax season will kick off Jan. 29 when the Internal Revenue Service officially starts accepting and processing 2023 federal income tax returns. The IRS expects more than 128.7 million individual tax ...