If your tax refund is hundreds of dollars lower than last year, you aren't alone. Discover why tax refunds are smaller and how the 2026 Child Tax Credit changes are hitting your wallet.

Despite the challenges, there are still ways to reduce the risk of delays. The IRS says the fastest option is to file ...

How to make a payslip for self employed individuals is an important topic for freelancers, consultants, contractors, and ...

A tax credit is a dollar-for-dollar reduction of your tax liability, while a tax deduction allows you to exempt a portion of ...

Behavioral economist Alex Smith thinks we spend too much time fretting about this year's taxes, and too little planning for ...

A new bill introduced in the Illinois Senate would allow drivers to write off interest paid on certain car loans, closely ...

The One Big Beautiful Bill could impact your tax return and refund in a number of ways this year. Here's what you need to ...

You can apply for First Time Abate relief by calling the IRS, sending a written statement or filing Form 843, Claim for Refund and Request for Abatement. If your penalty is removed, the IRS also ...

Donating to a nonprofit doesn’t just help others — it can also help reduce your tax bill. But not every donation qualifies. This guide explains which charitable contributions are tax-deductible, how ...

Americans can expect smaller tax bills and bigger refunds this year—after they navigate a pile of new rules from last year’s tax law. “Any time people have big life changes or there are law changes, ...

Early-bird tax filers will be happy to know that the Internal Revenue Service will begin accepting and processing 2025 income tax returns on Monday, Jan. 26. Taxpayers are likely to be shocked to ...

The IRS adjusts tax brackets and standard deductions each year for inflation. This could account for some workers seeing slightly higher paychecks at the beginning of the year. Temporary deductions ...