Taxpayers and businesses are encouraged to review IRS instructions and updates closely as new rules take effect.

The IRS will begin accepting 2025 tax returns on Monday, Jan. 26, 2026, the agency announced. Taxpayers have until Wednesday, ...

Taxpayers will see higher deductions, new breaks on tips and overtime, and changes to credits when filing 2025 returns, ...

As Treasury Secretary Scott Bessent announced last year, taxpayers will receive “very large refunds,” in his own words, ...

The tip deduction doesn’t completely eliminate taxes on tips. The deductible amount is limited, it isn’t available to every ...

Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced ...

The latest changes come after the passage of the One, Big, Beautiful Bill Act (OBBB), which was signed into law on July 4, ...

The 2026 tax season begins January 26 with historic changes. Paper checks are officially dead; direct deposit is now ...

Byron Jacobs, a certified public accountant, said taxpayers should gather essential documents before meeting with preparers.

The One Big Beautiful Bill Act is making several major impacts on 2026 tax returns. Here are six notable changes that filers ...

Tax season is back, and 2026 brings a mix of new rules, deadlines and tools for North Carolina filers. Changes under the ...