Tax management platform Instead is planning to offer completely free tax return preparation and filing for Forms 1040, 1041, 1120, 1120-S and 1065.

If you're still waiting on your 2025 tax refund, you're not the only one. Even though the standard tax season wrapped up in April, millions of Americans are just now receiving the ...

Plus: Proposed regulations for “no tax on tips,” new tax forms, Roth catch-up contributions, charitable donation deductions, state and local tax deductions, tax filing deadlines, tax trivia and more.

As tax season approaches, it's crucial to stay informed about the latest updates to IRS Form 1040 and its schedules.

Plus: Lost refund checks, new addresses at the IRS, Taxpayer Assistance Centers are closing, gambling and the IRS, tax compliance and naturalization, tax filing deadlines, tax trivia and more.

In our Ask the Editor round-up, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on the new tax deduction for tipped income.

These schemes often involve the misuse of tax credits that are only available in specific situations, such as the Fuel Tax Credit and the Sick and Family Leave Credit, but are falsely advertised as ...

Up to 85% of your Social Security benefits may be taxed, but a new "senior deduction" can cut taxes—unless your income is too high from working in retirement.

The service is cautioning taxpayers to be wary of advice found on social media, warning that many self-proclaimed tax experts are actually promoting scams that could result in financial penalties.

Congress did not simply extend the Tax Cuts and Jobs Act provisions starting in 2026 with the One Big Beautiful Bill Act; it also modified some of those provisions effective in 2025.