Scott Bessent said most Americans did not update their tax withholdings after Trump signed the 'One Big Beautiful Bill Act' ...

Federal withholding tax, or tax withholdings, is a set amount of money withheld by your employer and paid directly to the government. If you’re traditionally employed in the United States, you pay ...

Treasury Secretary Scott Bessent said Americans can expect to receive between $1,000-$2,000 tax refunds next year ...

Major life changes can prompt a change in your tax filing status, bracket or available deductions. A tax refund means you’re withholding too much, and a tax bill means you’re not holding enough. The ...

Refund checks for Americans will be “gigantic” in the upcoming filing season because of the tax cuts included in President ...

Log-in to bookmark & organize content - it's free! National Taxpayers Union’s Pete Sepp and Economic Policy Institute’s Josh Bivens explained the concept of tax refunds and how adjusting federal ...

The tax filing deadline – at least for most of the country – has come and gone but there are steps taxpayers need to take now to avoid issues in the future, the Internal Revenue Service is warning.

Taxpayers and tax professionals alike expected the IRS to issue new withholding tables and Forms W-2 to reflect changes under the One Big Beautiful Bill Act. The IRS now says that won’t happen in 2025 ...

Just days after this year's April tax deadline passed, the Internal Revenue Service (IRS) is urging taxpayers to review their tax withholding to avoid unexpected tax bills or penalties when filing ...

Backup withholding is a tax on certain nonpayroll income. Learn more about how it works, which payments it applies to and how to stop it. Many, or all, of the products featured on this page are from ...