Affordable Care Act, House and tax credits
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We compared the top free tax software options to help the do-it-yourself tax filers find the cheapest option in 2026.
The main difference between a W-9 and a 1099 is that you fill out a W-9, while the business or entity that is paying you completes the 1099. In most cases, you should receive any 1099 form by the end of January.
Taken together with the inflation measure the IRS uses, the agency says that—on average—the inflation-adjusted tax numbers for 2026 will rise by roughly 2.7 percent. These increases apply to the income thresholds that determine tax rates, as well as to many credits and deductions.
The countdown is on as early taxpayers await for the start of filing season Jan. 26, but there are some changes this year that experts say people should keep in mind to receive a fast, full refund.
The tax cut isn’t coming from the federal government, but a handful of states. Eight states lowered their income tax rate, effective Jan. 1, according to the nonprofit thinktank Tax Foundation. By putting more money in their residents’ pockets, states hope to spur economic growth and attract more workers, businesses and investments, experts said.
Plus: Tax refunds, filing for free, car loan interest, Britney Spears goes to Tax Court, snowbirds suffer a defeat, Taxes From A to Z, tax deadlines, tax trivia and more.
Explore how nonprofit organizations gain federal tax-exempt status under IRS 501(c) and discover the conditions they must meet to maintain this benefit.
Holyoke officials are fixing a property tax billing error that charged the wrong CPA rate, and corrected amounts will appear on fourth-quarter bills.