Americans opening year-end bonus statements face a shock. A large chunk of extra pay vanishes immediately due to tax rules.

Learn how the IRS updated 2026 tax brackets and thresholds, what's new compared with 2025, and smart ways to plan your taxes ...

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 ...

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 ...

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

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 ...

Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Vithun Khamsong / Getty Images The ...

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 ...

Trump’s tax law may lead to massive refunds in 2026 as retroactive cuts take effect, boosting IRS payouts for millions of ...

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.

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 ...