Here's what you should know about income tax, what it is, how it works, how to calculate it and which states don't have it.

Your tax filing status determines your income tax rate and is based on your marital status, whether you’re filing jointly with a spouse and whether you have dependents. Your filing status can change ...

After weeks of testing, the Internal Revenue Service's free electronic tax-filing system finally launched Tuesday for taxpayers in 12 states. The new system, called Direct File, in-house online filing ...

Taxes can begin to be filed on January 27, but tax refunds could hit filers' accounts at different times depending on choices made when filing. What Tax Year Are We Filing for in 2025? In 2025, the ...

The 2025 tax season deadline for Americans to file is April 15. Taxpayers who earned more than $5,000 on payment apps in 2024 will receive a new 1099-K form. The IRS began accepting tax filings in ...

Some experts would advise a couple to file jointly if they can, but is it actually the right call for you? Thomas is a native of upstate New York and a graduate of the University at Albany. As a ...

As we inch toward the final tax filing deadline of April 15, millions of Americans are feeling the stress that comes with filling out the complex forms and the potential of owing money to the Internal ...

Free filing system has some limitations in year two but number of tax forms has increased and automated data input has improved. Danni Santana spent nine years as an editor and business journalist ...

Could your debt be reduced or forgiven? Take our financial relief quiz. The decision to file bankruptcy is a heady one, but then there is the question of which type of bankruptcy to file. You have ...