Taxpayers may see their tax liability cut in 2023 as the Internal Revenue Service adjusts the standard deduction and tax ...

Kelly Phillips Erb is a Forbes senior writer who covers tax. Author’s note: The standard deduction amounts, state and local tax (SALT) caps, and maximum amount of the child tax credit have been ...

As we celebrate America's 250th birthday this week, our nation is stronger with President Trump at the helm— a leader who believes that people who work ...

Treasury announces Working Families Tax Cuts will deliver record-breaking refunds to Americans. New provisions eliminate tax on tips, overtime, Social Security, and increase child tax credit. Experts ...

This backdoor Roth 401(k) loophole lets high earners contribute to Roth plans and enjoy tax-free withdrawals when they retire ...

See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. The Internal Revenue Service (IRS) has said more than $100 billion has ...

With tax season well underway, early data on the average tax refund shows that Americans are receiving about one-third less than they did a year earlier. The average refund check in 2025 stood at ...

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Scammers may contact seniors by phone, email, text, or mail, claiming that immediate action ...

A compliance report released by Microsoft this week provided a rare look into how tech giants shift profits out of the countries where they have many employees and significant sales and into low-tax ...

If your tax refund or balance due was bigger than expected, there’s still time to adjust paycheck withholdings for 2026. Typically, workers request changes via Form W-4, and there's an IRS tax ...

New federal tax changes for 2026 may affect what families may owe and the refunds they may receive. The IRS has released new updates on thresholds affecting families, including the child tax credit, ...