The 2026 tax season will soon be underway and some Americans could be receiving heftier tax returns this year.

Here's what you should know about income tax, what it is, how it works, how to calculate it and which states don't have it.

KEY TAKEAWAYS The 2026 tax brackets increased by about 2.3% compared with the year prior, so if your wages don't increase by ...

Offset investment gains by selling underperforming investments. Losses can also offset up to $3,000 of ordinary income annually. Unused losses carry forward indefinitely as per current tax rules.

Getting ready to file? From increased deductions to filing options, here are the IRS changes that could affect your 2025 tax ...

The IRS has released 2026 tax brackets—here’s how understanding your bracket can help you save with smart retirement and Roth ...

It's that time of year again. Tax day, April 15, is fast approaching, and millions of Americans are rushing to gather their financial documents and file their federal and state tax returns. For those ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. The IRS doesn't typically just let up on the collection efforts when you ...

Learn how the IRS updated 2026 tax brackets and thresholds, what's new compared with 2025, and smart ways to plan your taxes ...

It’s getting down to the wire, but if you haven’t filed your taxes yet, these 15 experts have tips to make it (at least somewhat) less painful — and more lucrative. From understanding your deductions ...

Filing back taxes is daunting, especially if you know you’re going to owe a lot of money. The good news is that several IRS programs exist to help you manage outstanding tax debts. If you can’t pay ...

Late tax filers risk penalties but can take steps to avoid them. Tax season ends at midnight on Tuesday, April 15 – for most filers, at least. Up to one in three Americans waits until the last minute ...