Taxing authorities’ use of these new tools and capabilities requires corresponding adoption by tax professionals.

Many tax-software companies have free tiers, but most only accept federal returns and a limited number of schedules. Through the end of February, TurboTax will process any state and federal returns ...

The One Big Beautiful Bill Act was signed into law in July 2025. The Republican tax bill includes new deductions for seniors, car loan interest, tipped income and overtime pay. Provisions of the Tax ...