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18 Jan Few people enjoy keeping up with tax law changes. However, without keeping track of tax ramifications, you may miss out on ways to save on your taxes from understanding the best way to use deductions and credits to making financial adjustments during the year to minimize your tax burden. Think of your. 1 Jan The Tax Cuts and Jobs Act, signed into law by President Donald Trump in December, maintains the same seven-bracket structure that was in force previously. However, Congress has tweaked the rates and the income levels at which they apply. Prior to the new law, the seven tax brackets were 10 percent. 5 hours ago Hear that? It's the sounds of millions of taxpayers cheering across the country. By law, the Internal Revenue Service (IRS) must wait until a certain date to begin issuing refunds to taxpayers who claimed the earned-income tax credit (EITC) or the additional child tax credit (ACTC). For this year, that date is.

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