New tax breaks in President Donald Trump's "big beautiful bill" may mean older Americans get more money back as a tax refund this season. The law provides a new senior "bonus" or deduction of up to $6 ...

The 2026 tax filing season is in full swing at the IRS ahead of Wednesday’s filing deadline. And although doing one’s taxes is a near-universally dreaded task, there is a glimmer of good news: It ...

The IRS has removed its free Direct File option for taxes. Most taxpayers can use the official Free File program. There are several other ways to file taxes for no charge. Tax filing season officially ...

The IRS typically can collect back taxes for up to 10 years, with some exceptions. The latest data from the IRS show that ...

Many tax-software companies have free tiers, but most only accept federal returns and a limited number of schedules. Through the end of February, TurboTax will process any state and federal returns ...

When it comes to their federal income tax returns, tens of millions of US households pay for tax preparation and filing. Yet many might qualify to do so for free through IRS-approved programs. So why ...

A venerable IRS program called Free File allows 70% of taxpayers to file their taxes for free, just as the name implies. Only 2% of taxpayers used the service in 2024. That is the finding of a ...

Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Getty Images The IRS Direct File ...

Paying to file your taxes feels like a kick in the teeth when you're already paying Uncle Sam more than he deserves. Add in the fact that the Trump administration pulled the plug on the free IRS ...