October 15th was the final deadline for filing your income tax return. While many people look forward to a refund, millions ...

President Trump discussed his "no tax on tips" plan in January. The IRS has released its guidance for the "no tax on tips" ...

The plan’s promised enhancements include improving claims submittal and processing and communication with whistleblowers.

W-2s and 1099s will not have new fields this year, but the IRS has now provided guidance on how employees can still claim tax deductions for tips ...

A step-by-step guide to help you fill out a W-4 Nora Carol Photography / Getty Images IRS Form W-4 dictates how much money is withheld from your gross pay for taxes. Step 1 requires you to input ...

Takeaways For tax years 2025 -2028, the One Big Beautiful Bill Act (OBBBA) allows employees to take an above-the-line tax deduction on qualified overtime pay and qualified tips.

On November 21, 2025, the Internal Revenue Service (IRS) and the U.S. Department of the Treasury released guidance outlining ...

Need more time to file taxes? Fill out IRS extension Form 4868 mapodile / Getty Images Taxpayers unable to file their federal income tax return by the filing deadline can apply for an extension with ...

Korrena Bailie has over a decade of experience reporting and editing personal finance stories and reviews. Her work has been featured in Wirecutter, The New York Times, Bankrate and Credit Karma.

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed ...

IRS raises 401(k) contribution limit to $24,500 for 2026 IRA contribution caps and catch-up limits rise under SECURE 2.0 adjustments Income phase-out ranges for IRAs, Roth IRAs, and Saver’s Credit ...

We've rated and reviewed four top tax software providers — TurboTax, H&R Block, TaxSlayer, and TaxAct — comparing features, pricing and ease of use to help you find the best filing program for your ...