What's New in Personal Taxes?

Taxation and Repayment of COVID-Related Retirement Distributions

Those who withdrew money from a 401(k) or IRA under the COVID-related distribution rules of 2020 now have to pay taxes on the amount.

IRS Extends 2020 Income Tax Filing and Payment Deadline

The individual tax filing deadline has been extended from April 15, 2021, to May 17, 2021.

Important Tax Changes in the New COVID Relief Law for Individuals

Learn about the latest tax changes for individuals introduced in the recently passed American Rescue Plan Act of 2021.

Stimulus Check Calculator: How Much Will Your Third Coronavirus Payment Be?

Congress has approved a third stimulus check for individuals as part of the coronavirus relief effort.

What to Do If You Haven't Received Your Stimulus Check or It's for the Wrong Amount

As the IRS sends out its third batch of stimulus payments, many people wonder where their second stimulus payments are.

IRS Extends 2019 Income Tax Filing and Payment Deadline in Response to COVID-19

In response to COVID-19, the IRS is extending the time to file and pay 2019 income taxes by 90 days -- until July 15, 2020.

Important Tax Changes for Individuals in 2019

Learn about some of the more significant rule changes for individual taxpayers starting with the 2019 tax year.

New Social Security Numbers Announced for 2019

January 1, 2019. For those who receive benefits, there is good news: Social Security payments will increase by 2.8% for 2019.

IRS Releases Annual Adjustment Numbers for 2019

Learn about significant IRS inflation-adjusted numbers for 2019, including tax brackets, the standard deduction, and other important changes.

New Rules for IRS Underpayment Penalties in 2018

For 2018 only, there will be no IRS underpayment penalty as long as you paid at least 80% of your taxes due.

How the Tax Cuts and Jobs Act Affects Landlords

Learn how landlords can save on taxes under the Tax Cuts and Jobs Act.

How Does the Tax Cuts and Jobs Act Affect Homeowners?

Among the most controversial provisions of the new tax law are those reducing the tax benefits of home ownership.

How the Tax Cuts and Jobs Act Affects Employees

Employees will lose many valuable job-related tax deductions under the new tax law.

The Tax Cuts and Jobs Act: Key Changes for Individuals

January 1, 2018. Here are some of the most important changes for your personal taxes under the new tax law.

What You Need to Know About the New IRS Form 1040 for 2018

The new Form 1040 replaces Forms 1040, 1040A, and 1040-EZ with one Form 1040 that all taxpayers will file.

IRS Tax Rates and Annual Adjustments for 2016

The IRS has released 2016 tax rate schedules and cost-of-living increases for several important tax items.