A plan to partially disconnect Oregon's tax code from federal changes passed the Oregon Senate on Feb. 16 despite major opposition from Republicans.
Consumer Reports breaks down what some of the biggest changes mean for you and what to do if you end up owing Uncle Sam.
To qualify for the full deduction, your taxable income can’t be more than $100,000 if you’re a single filer or $200,000 if ...
From untaxed tips and overtime to a new incentive for new-car buyers, to a bigger child tax credit, Consumer Reports breaks ...
The average refund last year was $3,167. This year, analysts have projected it could be $1,000 higher, thanks to changes in tax law.
Tax season is underway and you have until April 15 to file your return with the IRS. For many, especially first-time filers, ...
Early IRS data shows fewer tax returns processed and few refunds issued through Feb. 6, but the average refund amount is up.
A new tax break offers deductions of up to $10,000, but income limits and loan rules mean most buyers will see much smaller ...
A new state law could delay refunds for Idaho taxpayers by weeks. Idaho Gov. Brad Little signed House Bill 559 into law on Wednesday, Feb. 11, to encourage the state to quickly adopt new federal tax ...
The IRS will allow up to $10,000 in car loan interest deduction starting with 2026 tax filings for the 2025 tax year. This new federal tax break applies to qualifying new vehicles purchased after ...
Run the numbers: For 2025, the standard deduction is $31,500 for married couples and $15,750 for singles. If your total ...
New IRS Schedule 1-A for 2025 introduces 4 new deductions for tips, overtime, car loan interest and seniors. These changes could lower your tax bill.