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2025 Tax Filing: Live Daily Updates, Tax Tips, News and IRS Deadlines
Live Tax Blog
By Kelley R. Taylor Last updated
Live Tax Blog -
‘Back to the Old Days’? What’s Wrong With Trump’s Plan to Abolish Income Tax
Tax Policy The likelihood of Trump eliminating income tax and the IRS remains low, but the ongoing debate highlights the need for tax reform.
By Kelley R. Taylor Published
Tax Policy -
Food, Gas Prices to Spike if Trump Levies 25% Tariffs on Canada and Mexico
Tariffs The neighboring countries are major exporters of fresh food, auto, gas, and industrial supplies to the U.S.
By Gabriella Cruz-Martínez Published
Tariffs -
Tax Season 2025 Is Here: Key IRS Changes to Know Before You File
Tax Season Tax deductions, tax credit amounts, and some tax laws have changed since you filed your last federal income tax return.
By Kelley R. Taylor Last updated
Tax Season -
How to Ease the Tax Bite When You Tap Retirement Accounts
Savvy retirees tap retirement accounts with a tax plan. Each type of account may have different tax rules and rates, so know before withdrawing funds.
By John Waggoner Published
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Downsize in Retirement With 2025 Tax Benefits: Three Key Strategies
Retirement Taxes Downsizing retirees may benefit from tax savings, lower utility bills, and freed-up income. But could a new presidency impact your home sale?
By Kate Schubel Published
Retirement Taxes -
Who is Required to File a Tax Return?
Tax Filing If you meet certain income requirements, you are required to file a federal tax return this year. You could face penalties if you don't.
By Katelyn Washington Last updated
Tax Filing -
A Bunch of IRS Tax Deductions and Credits You Need to Know
Tax Breaks Lowering your taxable income is the key to paying less to the IRS. Several federal tax credits and deductions can help.
By Kelley R. Taylor Last updated
Tax Breaks -
IRS Direct File 2025 Offers A New Way to File Taxes for Free
Tax Filing See if you qualify for this free IRS tax filing program since tax season begins January 27.
By Kate Schubel Last updated
Tax Filing