The SALT cap increases to $40,000 for 2025 — up from $10,000 in 2024. The maximum deduction phases down at higher income levels starting at $500,000 in adjusted gross income for 2025 and the benefit ...

The Iowa Center for Economic Success is launching a free tax assistance program for Iowans earning less than $69,000, ...

In December 2025, the Trump administration accelerated the process of reclassifying marijuana from Schedule I to Schedule III under the Controlled Substances Act—a shift that would reduce restrictions ...

Most commercial tax-prep companies have free tiers. H&R Block is one of the most popular and has an easy-to-navigate ...

You’ll find new deductions and new forms when you file taxes this year, thanks to the One Big Beautiful Bill Act.

The proposed rescheduling of cannabis currently under consideration by the Department of Health and Human Services, the ...

The IRS recently released a draft version of Form 8825 and its instructions, revealing a few changes to what’s required. One ...

This tax season, many people could be hearing oversimplified versions of some complicated tax changes on 2025 tax returns.

Tax season officially begins today, Monday, Jan. 26. We hope you're ready, because there are a lot of changes, especially if ...

As the 2026 tax season nears, knowing key IRS deadlines for individuals and businesses is essential to avoid penalties and ...

If you own rental property, you’ll need to file a Schedule E tax form with the IRS to report rental income income or losses. Schedule E is filed along with your Form 1040 individual income tax return.

WASHINGTON - Tax season is in full swing, and the IRS anticipates that 140 million individuals will file returns by April 15. Here's the IRS tax refund schedule for 2025 and other information that ...