The first tax season under President Trump’s One Big Beautiful Bill Act is fast approaching – and most filers can expect a slew of fresh and enlarged deductions that will result in bigger refund ...

(NEXSTAR) – Thanks to a number of changes to the tax code under the One Big Beautiful Bill, Trump administration officials are projecting Americans will enjoy the largest tax refund ever in 2026. Ways ...

The United States has a graduated income tax system where the federal tax rates get progressively higher as your taxable income increases. So, being in the 22% tax bracket doesn’t mean that you’re ...

There were 161 million individual income tax returns filed to the IRS in 2024, possibly including yours. While not every American is required to file a tax return, most will – and there may be good ...

American taxpayers aged 65 and older will receive a new $6,000 bonus tax deduction next year as part of President Donald Trump’s One Big Beautiful Bill Act. The temporary deduction comes alongside ...

Corporate tax revenue has quickly dipped since Republicans passed tax cuts this summer. But economists think these tax breaks might be worth it. By Andrew Duehren Reporting from Washington For most ...

President Donald Trump said at a Cabinet meeting Tuesday that American taxpayers are in line for record tax refunds when this year's filing season opens in the next few months. Trump said the ...

Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Vithun Khamsong / Getty Images The ...

Over two dozen states incorporated the free tax software in 2025, but the IRS has decided to discontinue the program. Peter is a writer and editor for the CNET How-To team. He has been covering ...

Americans, particularly the affluent, are set to receive larger tax refunds or smaller tax bills when they file in 2026, because of President Donald Trump’s tax and spending package passed in July, an ...

The cost of home ownership is not what it used to be. Housing prices are up since the pandemic, and these high prices, coupled with high interest rates, are preventing many Americans from buying a ...

If you get a raise next year, there’s a chance your tax rate won’t change thanks to new tax brackets recently released by the Internal Revenue Service. And if you earn the same amount or less, your ...