Tax News
The latest tax news and expert analysis from Bankrate's award-winning editorial team.
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The average tax refund so far in 2025 is $2,939, up just $70 from the average refund this time last year. Here’s how tax refunds work.
State tax rates
Taxes
Wondering what your state tax rates are? Click on your state to find state income tax rates, sales tax rates and more.
The W-4 form determines how much in taxes is withheld from your paychecks, which in turn helps you manage your tax refund, or tax bill.
Latest articles
The “big, beautiful bill” changed the reporting thresholds for 1099-Ks. Here’s what you should know if you get paid through Venmo, PayPal, Cash App or another payment app.
Here are the 5 states with the highest income tax rates, and the 5 states with the lowest.
The reach of the IRS is long: Even if you live abroad, you’ll usually still need to file a U.S. tax return. But there are ways to reduce or even avoid a U.S. tax bill.
The huge new tax law limits the ability to deduct losses from sports betting and other types of gambling. Here’s what you need to know.
It might be tempting to underreport your income or tilt the value of tax deductions in your favor. But the IRS has its methods for catching people who cheat.
The “big, beautiful bill” offers many new tax breaks, but some are temporary, and they have varying start dates. Check out our timeline of key tax provisions.
The new car loan interest deduction can reduce your taxable income by as much as $10,000 a year, but you’ll need to buy a new luxury vehicle to get the full benefit.
Many states offer sales tax holidays, during which they waive sales tax on clothes, computers, school supplies and more.
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