Tax season 2026 brings new and updated federal income tax credits and deductions. Here's how you can take advantage of each.

The 2018 Tax Act created a new deduction for qualified business income earned by an individual. The basic deduction is 20% of ...

Donating to charity is a great way to show your giving spirit and can help save money at the same time if you follow key ...

TurboTax 's free edition lets you report W-2 income, the Child Tax Credit, the Earned Income Tax Credit, deductions for student loan interest and some interest and dividends. According to TurboTax, ...

Most commercial tax-prep companies have free tiers. H&R Block is one of the most popular and has an easy-to-navigate ...

We break down the definitions and eligibility rules for the five IRS filing statuses to help you maximize your refund this tax season.

Tax filing season opens Monday, and for once the headlines about refunds are not just wishful thinking. A mix of new tax law ...

When it comes hiring a professional, people should generally expect to pay around $200 to $300 for the simplest of tax ...

Ready to file? Compare IRS Free File and other free options, check 2026 dates, and learn which credits can boost your 2025 tax refund.

When filing your taxes, there are ways to minimize your taxable income — commonly known as a tax write-off. While many people have heard of tax write-offs, they may not be sure how to take them. First ...

This is why timing matters. The IRS opens e-filing in January 2026 for the 2025 tax year, which means the window to get organized opens sooner than some of us may think. Waiting until April is ...