Income Tax Preparation News
Find updates on federal and state tax forms, instructions, estimated payments, and filing guidance to help you prepare for tax season.
Third 2026 Estimated Income Tax Payment Is Due September 15
The third 2026 estimated income tax payment is due September 15. Compare earlier payments and withholding with your latest income estimate. A summer investment gain or taxable retirement withdrawal may affect what remains to be paid.
South Carolina Issues Guidance on Its New 2026 Income Tax Rules
South Carolina's latest guidance explains the new two-rate structure and income-based deduction. Taxpayers making estimated payments should review the changes rather than rely on the lower top rate alone.
Second 2026 Estimated Income Tax Payment Is Due June 15
The second 2026 estimated income tax payment is due June 15. Changes in business income, retirement withdrawals, or withholding may warrant a fresh calculation. If your circumstances are steady, the planned payment may still fit.
Maine Revises Its 2026 Tax Schedule to Include a 2% High-Income Surcharge
Maine's revised 2026 schedule adds a 2% surcharge on taxable income above filing-status thresholds. The regular rates remain unchanged, and only the income above the applicable threshold faces the extra tax.
First 2026 Estimated Income Tax Payment Is Due April 15
The first 2026 estimated income tax payment is due April 15. It is separate from any balance owed on a 2025 return. Review the new year's estimate and use the correct tax year when paying.
IRS Warns Nonfilers to Claim 2022 Refunds Before April 15
The IRS estimated that more than 1.3 million people had unclaimed 2022 income tax refunds. Its March reminder urged filing by April 15, 2026. Prior-year forms and income records help taxpayers determine what they can claim.
IRS Sets January 26 Opening Date for the 2026 Filing Season
Eligible taxpayers can begin using IRS Free File January 9, ahead of the January 26 filing-season opening. April 15, 2026 is the general deadline to file 2025 federal income tax returns and pay any tax due.
IRS Reports Nearly 166 Million Individual Income Tax Returns in 2025
Electronic filing accounts for 93.4% of individual returns in the latest IRS totals. The average income tax refund is $3,167. Direct deposit delivers most refunds as the agency phases out paper checks with limited exceptions.
Final 2025 Estimated Income Tax Payment Is Due January 15, 2026
The final estimated income tax payment for 2025 is due January 15, 2026. Review earlier payments and any late-year income changes before paying. The due date belongs to the 2025 schedule, even though payment falls in January.