Browsing: Tax

Each year when individuals prepare their federal income tax returns, they must choose a filing status that accurately matches their circumstances. An individual’s filing status may…

Read more CNBC personal finance coverageTrump accounts have ‘more unanswered questions than answered,’ expert saysTreasury: Trump accounts sign up about 3 million kids in early pushAverage…

Jose Luis Pelaez Inc. | Blend Images | Getty ImagesThe average tax refund is 14.2% higher so far this season, compared to about the same period in 2025,…

Hispanolistic | E+ | Getty ImagesThe average tax refund is 22% higher so far this season, Treasury Secretary and acting IRS Commissioner Scott Bessent told CNBC’s…

Seeing the word “accepted” next to your federal tax return can feel reassuring, especially if you are expecting a refund. But many filers notice their return is…

D-keine | E+ | Getty ImagesThe average tax refund is 10.9% higher so far this season, compared to about the same point in 2025, according to…

Key insight: A federal judge rejected the banking industry’s argument that the state law is preempted by the federal National Bank Act.What’s at stake: The ruling…

Skynesher | E+ | Getty ImagesNew laws enacted in 2025 may have a big impact on how much Social Security beneficiaries pay in taxes this season.On…

IRS Publication 559 (“Survivors, Executors and Administrators”) discusses how surviving family members, the Personal Representative or the Executor of the estate file the final federal income…

Maskot | Maskot | Getty ImagesThis tax season, some families could see a bigger tax break for their children due to changes from President Donald Trump’s…