A new tax deduction for tip income is available for 2025 federal income tax returns. Learn the new form to file, who qualifies, and income limits.

Learn how to fill out a W-4 form step by step so your tax withholding matches your income, dependents and real-life situation ...

GREENSBORO, N.C. — $1,000 deposited into a bank account, and all you have to do is fill out a tax form? It's true. “We are finding it from the government for children that are born in 2025,” said ...

Fri, January 23, 2026 at 10:33 PM UTC The child tax credit is a valuable federal tax break for families, aimed at helping defray the costs of raising children. Taxpayers who qualify can cut their tax ...

Owning a home these days costs a lot of money. Once you get past the down payment and monthly mortgage costs, homeowners in the US spend an average of $10,867 a year on routine maintenance and upkeep.

The IRS expects older IRA holders to take care of this one matter on their own every year. Failing to do so can lead to steep penalties that a shocking number of retirees are paying. Investors may be ...

With tax season now underway, taxpayers need to remain vigilant as scammers step up efforts to exploit confusion and financial stress. Each year, millions of Americans become targets of fraud schemes ...

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. bernie_photo / Getty Images The IRS ...

As the IRS moves toward digital-only payments under a Trump-era executive order, taxpayers should expect changes in how refunds are issued and payments are made. Here’s what’s changing. The IRS is ...

Some New Yorkers will be able to get their 2025 income tax returns prepared and filed for free, Congresswoman Grace Meng announced on Thursday. Residents earning ...

WASHINGTON—Republicans and President Trump designed their tax cuts for this moment, creating a refund bonanza that will land in Americans’ bank accounts well ahead of the midterm elections. The annual ...