Don't let tax season catch you off guard. We break down the key differences on a W-2 and 1099 forms that directly impact your tax refund.

Income tax is a government-levied tax on income generated by individuals and businesses. Taxes are used to fund public services, government obligations, and infrastructure like schools and roads.

Do you know what a W-2 form — officially termed Form W-2 by the IRS — actually is? According to the Tax Foundation, a majority of tax filers are unaware of basic tax concepts and requirements for ...

Filing taxes can be daunting, even overwhelming. Whether you file with help from a professional or on your own, calculating precisely what you owe to the Internal Revenue Service, or what the IRS owes ...

The IRS will no longer be issuing tax refunds by paper check to most individual taxpayers who file 2025 tax returns. In 2025, the IRS kicked off the tax season on Monday Jan. 27 when the agency began ...

Add Yahoo as a preferred source to see more of our stories on Google. The North Carolina State Capitol in downtown Raleigh, N.C., pictured on Saturday, Nov. 22, 2025. (Dawn Baumgartner ...

AI-generated summary reviewed by our newsroom. Read our AI Policy. New rates: North Carolina income tax is 4.25% for 2025 and 3.99% for 2026. Triggers tie further cuts to revenue; exceeding $33 ...

AI-generated summary reviewed by our newsroom. Read our AI Policy. The new year also rings in a new tax rate in North Carolina. Here’s what you need to know about what the lower tax rate on personal ...

Nine U.S. states are lowering income taxes on Jan. 1, according to a recent Tax Foundation analysis — a move that could give some taxpayers additional financial breathing room as they head into the ...

Nine U.S. states are lowering income taxes on Jan. 1, according to a recent Tax Foundation analysis — a move that could give some taxpayers additional financial breathing room as they head into the ...

LOUISVILLE, Ky. — Starting Jan. 1, 2026, Kentuckians will be paying less in individual income tax, dropping from 4 percent to 3.5 percent after state lawmakers passed a bill early in 2025 to approve ...

Earlier this year, a bill was signed into law to lower Kentucky's individual income tax by half a percentage point.That lower rate starts right at the beginning of 2026.The rate is currently at 4%, ...