Taxes

Tax-Free and Nontaxable Income: What Qualifies

All income is taxable unless the IRS explicitly says it's not.

IRS Free File: What It Is, How It Works

Interested in the IRS Free File service? All you need to know about the program, plus other IRS options for free tax filing.

Survey: Americans Missing Out on Free Tax Software, Don’t Know Basic IRS Facts

Missing Your W-2? When They’re Sent, Steps to Take

You should receive your W-2 form no later than mid-February. If it's late, here's what to do and who you can contact.

10 Key IRS Tax Forms, Schedules and Publications for 2026

Here are some major IRS tax forms, schedules and publications everyone should know.

Tax Prep Checklist: Documents to Gather Before Filing

Save time and money by having these documents ready when it's time to file your taxes.

IRS Standard Mileage Rates and Rules for 2026

The IRS allows qualified taxpayers to deduct vehicle mileage related to business, charity, medical or moving purposes — but there are several important rules to know.

Standard Deduction for 2026: Amounts, When to Take

The standard deduction is a popular way for taxpayers to reduce their taxable income. Your deduction amount depends on your age, filing status and other factors.

Are Tips Taxable? How the ‘One Big Beautiful Bill Act’ Changed Taxes on Tips

Many tipped workers now qualify for a federal income tax deduction on tip income — but there are a few exceptions to know about.

1040 Form: What It Is, How to Fill One Out in 2026

Here's what you need to know about Form 1040: the mother of all tax forms.

What Is a 1099 Form? How It Works, Who Gets One, Types

A 1099 is a record that an entity or person (not your employer) gave or paid you money. One copy of the form goes to you and another copy goes to the IRS.

2025 State Income Tax Rates and How They Work

In addition to federal income tax, most states also collect state income tax. State income tax typically works one of three ways: a progressive tax, a flat tax or none at all.

What Is a W-2 Form? Definition, How to Read It

Your W-2 form, or Wage and Tax Statement, helps you to fill out your annual tax return. Here's more on how to understand the form and what to do if it’s wrong.

How to Find the Best Tax Preparer Near You

Ask for credentials, do a background search and compare fees to find the right tax preparer near you.

Itemized Deductions: What They Are, Examples

Itemizing allows you to pick and choose your tax deductions. Common deductions include those for medical expenses, mortgage interest and property tax.

Married Filing Separately: How It Works, When to Do It

Taxpayers with student loans, big medical bills or complicated situations can consider the married filing separately status.

If Your Refund’s Late, the IRS Might Owe You Interest

Generally, if the IRS doesn’t issue your refund within 45 days of the tax deadline, the agency owes you interest.

Latest IRS Scams: How to Spot Them and Fight Back

Scammers are especially active during tax filing season, but it pays to be vigilant year-round.

Saver’s Credit: What It Is and How It Works

The saver's credit helps eligible taxpayers offset the cost of saving for retirement.

What Happens If You File Taxes Late? How Penalties Work

The failure-to-file penalty is usually 5% of the tax owed for each month your return is overdue, up to 25% of the bill.