Taxpayers should prepare for major tax-policy shifts this year. Forbes’ expert contributors explain how — and when — key rule changes may affect you. With so many rule changes taking effect at once, a ...
Whether you need to file a federal tax return for the 2025-2026 tax year depends mainly on your income, filing status, and age. In general, you’re required to file if your gross income exceeds the IRS ...
For federal income tax purposes, your marital status is determined under state law as of the last day of the calendar year. That matters when choosing your filing status. Your filing status is one of ...
The One Big Beautiful Bill Act introduces several changes for the 2025 federal income tax filing season. Standard deduction amounts will increase for all filing statuses, including to $31,500 for ...
A new $6,000 deduction for senior citizens and less taxes on tips and overtime are some of the biggest changes for your 2025 tax return. Peter is a writer and editor for the CNET How-To team. He has ...
Taxpayers should review their filing status if they experienced a major life event like marriage or divorce in 2025. Consider "bunching" deductions, such as charitable donations or state tax payments, ...
Those W2s and 1099s are starting to trickle into your mailbox and inboxes. Yes, tax season is upon us, and there are new and updated tax withholdings you'll need to know before filing. What are ...
Income brackets and the standard deduction will increase slightly for the 2026 tax year, the Internal Revenue Service announced Thursday. Tax brackets will rise by about 4% for lower-income ranges and ...
What are the IRS income tax filing requirements for retirees this tax season? I didn’t file a tax return last year because my income was below the filing threshold, but I got a part-time job in 2025, ...
Early birds can submit their 2025 tax returns today and receive their potential tax refunds in two to three weeks. Peter is a writer and editor for the CNET How-To team. He has been covering ...
Your paycheck could be slightly larger in 2026 based on the latest IRS tax bracket changes. Some workers could also see withholding changes from the new provisions enacted via President Donald Trump's ...