Our unbiased rating of the best tax software of 2026 will help you choose a program that meets your needs, no matter how ...

President Donald Trump's "big beautiful bill" added the "no tax on overtime" deduction for 2025 returns. Here's how to claim the tax break.

Forbes contributors publish independent expert analyses and insights. Mike Patton covers the financial markets, economy, and national debt. On Dec. 22, 2017, President Donald Trump signed into law the ...

With the IRS now accepting people's tax returns for 2025, a federal watchdog is warning Americans to beware of so-called phishing and smishing scams designed to trick people into unwittingly handing ...

The so-called "millionaires tax" was approved by Washington's Senate, advancing a measure that would create a 9.9% tax on ...

Federal tax refunds often represent a family's single largest check of the year, and next year's refunds could be even bigger, with the average payment set to increase by about $1,000 per filer, ...

Millions of workers could soon claim the "no tax on tips" deduction, which offers a tax break for returns filed in 2026. The provision in President Donald Trump's "big beautiful bill" allows certain ...

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. Investopedia / Photo Illustration ...

Learn the difference between tax credits and tax relief, how credits reduce taxes owed and how IRS programs help manage tax ...

Few things generate as much tax-season anxiety as a federal tax refund. Taxpayers worry when it’s smaller than expected, panic when it’s delayed, and cheer when it’s bigger—often without being ...

During the Supreme Court’s flurry of end-of-term activity, another seismically consequential decision largely escaped notice. Its ruling in Moore et ux. v. United States, which upheld a tax on ...

The IRS has given automakers a little more wiggle room around which electric vehicles will qualify for a federal tax credit worth up to $7,500. The change — which gives companies a few more years to ...