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Tax News

The latest tax news and expert analysis from Bankrate's award-winning editorial team.

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Average tax refund each year, and how refunds work
The average tax refund so far in 2025 is $3,221, up $140 from the average refund this time last year. Here’s how tax refunds work.
State tax rates
Wondering what your state tax rates are? Click on your state to find state income tax rates, sales tax rates and more.
A man sits at his computer and fills out forms.
The steps you need to follow to fill out your W-4 form. The W-4 determines how much in taxes is withheld from your paychecks.

Latest articles

U.S. President Donald Trump
Trump has launched an all-out trade war. Here’s the latest on what’s happening with tariffs — and what it all means for your wallet.
TikTok tax advice you don't want to follow
These three tax tips are popular on TikTok, but they could get you in trouble with the IRS.
The pros and cons of filing a tax extension
If you haven’t yet filed your taxes, now is a good time to think about filing a tax extension.
Massive new Trump tariffs are looming.
Trump’s tariffs are here. The U.S. economy — and consumers — may pay the price.
The IRS has more than $1 billion in unclaimed tax refunds for 2021
The IRS has more than $1 billion in unclaimed tax refunds for 2021. The deadline is fast approaching to claim yours.
Trump, taxes and the TCJA: What it means for your tax bill
The Tax Cuts and Jobs Act (TCJA), a massive overhaul of the tax code, is set to expire at the end of 2025. Here’s what could happen.
Trump's latest tax plan: No taxes if you earn less than $150,000
If you earn less than $150,000, Trump wants to abolish your taxes, says U.S. Commerce Secretary Howard Lutnick.
5 tax scams and how to protect yourself
Financial scammers can be relentless, especially at tax time. Here are tips to keep yourself safe.
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