Standard deduction: This is the set amount that taxpayers can deduct from their taxable income. The standard deduction for the 2025 tax year will rise by $750 — to $15,750 — for single filers or married people filing separately. It’ll increase by $1,500 for married couples filing jointly, to $31,500.

It's almost tax season! And the number one question we see every year is: when can I expect my tax refund? Most taxpayers receive their IRS tax refund within 21 days of filing, but actual dates vary depending on when your return is accepted,

Amid the government shutdown, ANCHOR rebate checks and inflation refund checks are still on the way for qualifying Americans, as others are wait for updates on the American Worker Rebate Act, IRS tax refund or other stimulus check in 2025. Here's what to ...