The 2026 tax filing season is underway, and major changes approved by Congress last year could mean larger refunds for many Americans, according to consumer expert Herb Weisbaum, contributing editor ...

The IRS has released a set of FAQs to answer questions about eligibility, reporting, and limits for the new, temporary ...

Every year, as you file your federal income tax return, you have an important decision to make: itemize, or take the standard ...

CNBC’s Sharon Epperson explains the standard deduction for 2025 tax returns. For more Tax Tips, go to cnbc.com/money101 to ...

It will mostly be business as usual for homeowners this tax season. However, new changes introduced under the "big, beautiful ...

Seniors could keep more money with new tax break phasing in for 2025 returns. The extra deduction helps lower- and ...

As a taxpayer, you pay tax as a percentage of your income in layers called tax brackets, according to the IRS.

The Internal Revenue Service anticipates receiving some 164 million individual income tax returns as Americans digest the ...