Your marital status as of Dec. 31 of the year you marry determines your tax filing options for the entire year.

Are you getting married soon? Or have you recently exchanged vows? Amid all the wedding-related details, have you thought about your changing tax status?

The Internal Revenue Service has released the federal income tax brackets for 2025. A key point for taxpayers is that the federal income tax rates for each of the seven U.S. tax brackets remain the ...

Navigating annual tax changes can feel complex sometimes. Understanding them is crucial for informed financial choices to be ...

You’ll likely get a tax refund — but remember, the IRS issued over 96 million refunds in 2023, with the average refund at around $3,000. That’s your money coming back.

These funds are sent to the IRS on your behalf. (This process is known as tax withholding, and you can control your withholding rate by how you fill out your Form W-4.) ...

The IRS provides a free Tax Withholding Estimator so people can determine if they need to change any amounts. This can prevent owing money or potential penalties at filing time or paying too much ...

IRS Reminder: Start Planning for Next Year With the IRS Withholding Calculator With the formal 2024 tax filing season behind us, the IRS has released a reminder that taxpayers should start ...

Typically, you don’t need to manually calculate your withholding tax. The IRS has taken some of the guesswork out of the process by creating a tax withholding estimator.

To calculate your withholding tax, you can use the IRS Tax Estimator tool. You’ll need to provide some personal and financial information for the tool to give you an accurate figure.

When you start a new job, you'll be asked to fill out IRS Form W-4, otherwise known as an Employee's Withholding Certificate. With the information you supply, your employer will calculate how much ...