The IRS is now instructing most Americans to add direct deposit information to receive their refunds.

The enhanced deduction for seniors applies on 2025 tax returns to adults born before Jan. 2, 1961.

The 2026 tax season can be summed up in two words: Complexity and cash. Many can expect bigger refunds, but detailed rules apply to many tax breaks.

Last year investors bought $31.4 billion worth, three times as much as in 2022. If you buy a municipal debt index fund, energy bonds currently make up from 5% to 25% of your investment.

The 2026 tax filing season officially opened Monday, Jan. 26 for North Carolina residents, with the N.C. Department of Revenue beginning to accept individual returns for the 2025 tax year.

You can only claim the new senior tax deduction if you were 65 or older at the end of 2025. You must also provide your Social Security number on your tax return and have a modified adjusted gross income (MAGI) of $75,000 or less for an individual or $150,000 or less for a married couple.

Federal income tax returns for 2025 must be filed by April 15, 2026.

California’s 2026 Billionaire Tax Act sparks fierce debate over revenue, capital flight, and constitutionality. Will it raise $20B—or drive wealth out of the state?

D.C. officials say the potential action from Congress would sow fiscal chaos for the city.

If you use Intuit “Turbo Tax” to file your New York State tax return, you know that it can’t be filed right now. That’s because TurboTax needs a patch to

Some have even added tax-prep options: You can submit both federal and state returns through Cash App Taxes and get the refund deposited into your CashApp account. It doesn't cover every tax situation, but you can itemize deductions and list self-employment income, as well as income from stocks and cryptocurrency.