If you are at least 65 or blind, you can claim an additional standard deduction benefit worth $1,950 for 2024. The extra deduction amount is doubled if you and your spouse meet that criteria. For ...

With tax season underway, here's what you need to know about tracking your tax refund and your new 2025 tax brackets.

The IRS has announced significant changes to its tax refund process starting in 2025, potentially causing disruptions for ...

If the IRS experiences staff shortages, the ability to process returns as quickly as in previous years could be in jeopardy.

The IRS has issued 3.2 million refunds for the 2025 filing season so far. As of Jan. 31, the average refund amount was $1,928 ...

Users on social media are voicing concerns after receiving different refund amounts for different tax filing services.

Another change to the tax code could mean you get a higher refund this year. A state law that went into effect in January ...

IRS processed 15.8% fewer income tax returns in the first week of the 2025 tax season than it did a year ago. Why? What does ...

WASHINGTON — The Internal Revenue Service and partners around the nation today celebrated the 50th anniversary of the Earned ...

The federal earned income tax credit celebrates 50th anniversary. Yet, IRS estimates one in five eligible taxpayers miss out ...

If your return has been received, the IRS is still processing and has not yet issued a refund. If the refund has been approved, the agency is preparing to send it by the date shown. If the refund has ...

Michigan's income tax rate returned to 4.25% for individuals for 2024 income. That's up from the temporary 4.05% rate in 2023 ...