Changes in the tax law will have different effects on people who take the standard deduction versus high earners who itemize.

New tax legislation could boost 2026 refunds by up to $1,000 for many Americans, with changes to the 2025 tax year benefiting specific income brackets the most.

Preparing a 2025 tax return is likely to take more time, as workers who received tips or overtime pay in 2025 figure out what qualifies for new tax breaks. IRS gives some very specific examples in ...

Two lawmakers want to fully exempt military compensation from federal income tax — a move that would deliver a significant pay boost for service members and mark one of the most sweeping tax changes ...

The Internal Revenue Service issued guidance Friday for workers eligible to claim the deduction for tips and overtime income for tax year 2025. Notice 2025-69 provides clarification on how to ...

PHOENIX — Arizona Gov. Katie Hobbs wants to amend the state's tax forms ahead of the forthcoming tax season. Hobbs announced Thursday she had signed an executive order that instructs the Arizona ...