Did you earn tips last year? See how much this new tax break could save you.

Workers who claim the new deduction will see an average tax cut of around $1,400, although some could realize larger savings.

Tax refunds are bigger but some early filers must wait to get them

Early tax filers are seeing larger refunds this year, but some may face delays. Find out what to expect from the IRS.
FOX 9 Minneapolis-St. Paul

Study reveals which states have the highest and lowest income tax burdens - See where your state ranks

Americans across the country are filing their income taxes and depending on where you live, your state’s effective tax rate ...

Average IRS tax refund is up 14.2%, according to early filing data

The average IRS tax refund is up 14.2%, according to early filing data. Here's what filers can expect this season.
National Bureau of Economic Research

How Much Tax Do US Billionaires Pay? Evidence from Administrative Data

We estimate income and taxes for the wealthiest group of US households by matching Forbes 400 data to the individual, business, estate, and gift tax returns of the corresponding group in 2010–2020. In ...
MiBolsilloColombia on MSN

2026 tax brackets: Your take-home pay is about to change

The IRS has released the inflation-adjusted income tax brackets for 2026. See the new rates, standard deduction amounts, and how the OBBBA will impact your taxes.

How Much the Top 5% Pay in Taxes in Every State

On average, married couples in the top 5% filing jointly see a significantly lower tax burden than single filers. Across all states, the average tax burden for a single filer is approximately 36.1%, ...