Tax News

The latest tax news and expert analysis from Bankrate's award-winning editorial team.

Recommended reading

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.

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.

While you can’t deduct your grandkids’ college costs, you can get a different tax break.

It’s possible you could use passive losses from real estate to offset a Roth conversion.

Amended returns yielded $9,000 in tax refunds on which IRS paid interest. What should we do?

IRA fees are tax-deductible if you use outside assets to pay them.

If an employee doesn’t pay premiums for disability insurance, are benefits taxable?

The IRS has 10 years from the date the tax is assessed to collect any unpaid balance.

To claim individuals, even children, as dependents, they have to be citizens or residents of the U.S., says CPA George Saenz.

The trusted provider of accurate rates and financial information