New tax rules that can get you a bigger refund
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Courier-Post on MSN
New federal tax withholdings for 2025 tax year; what you need to file
The 2026 tax season opened Jan. 26, and there are a few new federal withholdings filers need to be aware of.
The tax bracket income levels for 2026 are increasing by 2.3% and new tax breaks could allow you to keep more take-home pay.
The IRS officially opened 2026 tax filing on January 26. Experts predict a 30% refund surge due to the Working Families Tax Cuts Act. New federal breaks for seniors, families, and hourly workers are now active.
Taxpayers and tax professionals alike expected the IRS to issue new withholding tables and Forms W-2 to reflect changes under the One Big Beautiful Bill Act. The IRS now says that won’t happen in 2025. If you were hoping for some guidance from the IRS ...
GOBankingRates on MSN
What is withholding tax? How it works and how to avoid owing at tax time
Ever look at your paycheck and wonder why the amount you actually take home is a lot less than what you earned? That’s where withholding tax comes in.
So, you’re filing taxes after your first year of retirement, feeling good about your anticipated refund. Now that you’ve switched from your salary to a pension, you must be paying significantly less in taxes, right? Then your accountant calls you ...
Forbes contributors publish independent expert analyses and insights. Admitted NY Bar and US Tax Court, covers US international tax law. Under a future residence-based taxation (RBT) system, the taxation of Social Security and pension income across borders ...