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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.
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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

1099-K tax rules: What you need to know
If you get paid through Venmo, PayPal, Cash App or another payment app, you may receive a Form 1099-K this year. Here’s what you need to know.
Two younger woman sit around a dining table with an older woman who takes notes on a notepad.
Here are the five states that charge an inheritance tax.
The IRS Direct File program is expanding in 2025.
The IRS Direct File program, which lets you prepare and file your federal return for free, is still up and running, for now.
How to file taxes for free
These days, there are a number of free options for filing your tax return, and many of them offer guided support to help you do it right.
What Trump's External Revenue Service might mean for you
President-elect Donald Trump plans to create an External Revenue Service. Here’s what that might mean for you.
Tax Season 2025
Tax season will start Jan. 27. Here’s what you should know to prepare for filing your taxes this year.
IRS to open Free File on Jan. 10.
The IRS is opening its Free File program on Jan. 10 this year. Here’s how to qualify.
The IRS is sending out $1,400 checks to taxpayers who didn't claim stimulus payments.
The IRS will send an estimated $2.4 billion to taxpayers who didn’t claim the recovery rebate credit on their 2021 tax returns. About 1 million taxpayers were eligible for the credit but failed to claim [...]
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