Archive for category: News

The 2026 tax season officially starts on Monday, January 26, 2026, when the IRS will begin accepting and processing individual 2025 tax returns.  Key...

If you get an email, text, letter or call not from MAX YOUR TAX that claims to be from the IRS — or if you see social media posts about how to get a b...

Significantly affects federal taxes, credits and deductions. It was signed into law on July 4, 2025, as Public Law 119-21, and takes effect in 2025. S...

Around the nation provides IRS news specific to local areas, primarily disaster relief or tax provisions that affect certain states. To reach an offic...

Working families Tax Cuts permits. Trumps accounts to be established for American Children. We’re building long-term financial security for millions o...

With the 2025 filing season quickly approaching, the Internal Revenue Service encouraged taxpayers to take key steps now to prepare for filing their 2...

For single taxpayers and married individuals filing separately for tax year 2025, the standard deduction rises to $15,000 for 2025, an increase of $40...

For qualifying taxpayers who have three or more qualifying children, the tax year 2025 maximum Earned Income Tax Credit amount is $8,046, an increase ...

Estates of decedents who die during 2025 have a basic exclusion amount of $13,990,000, increased from $13,610,000 for estates of decedents who died in...

For tax year 2025, the maximum credit allowed for an adoption of a child with special needs is the amount of qualified adoption expenses up to $17,280...