IRS releases new 2025 income tax brackets, standard deductions: Where do you fall?
The Internal Revenue Service has released new income tax brackets for 2025 that account for changes in inflation. The changes will go into effect for tax filings made in 2026. The standard deduction will increase to $30,
Treasury Secretary Janet Yellen touted increased enforcement of tax laws by the IRS as helping to close the budget deficit by ...
The IRS’s Revenue Procedure 2024-40 outlines crucial adjustments for tax year 2025, including updated tax brackets.
Despite an investigation proving he was the victim of a crime, Wells Fargo refused to reimburse Yates. 7 On Your Side ...
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A Broward County woman was sentenced to one year in federal prison Tuesday, two months after she admitted to making nearly ...
The American Institute of CPAs sent the letter to the Treasury Department and IRS in response to earlier notices about 280E ...
On Tuesday, the Internal Revenue Service announced the annual inflation adjustments for tax year 2025. The document IRS Rev. Proc. 2024-40 provides detailed information on adjustments and changes to ...
Certain tax cuts are set to expire at the end of next year, and that could mean 'a mixed bag of pros and cons' according to ...
In potentially welcome news for public institutions of higher education, in Notice 2024-73, the Internal Revenue Service (IRS) confirmed that the ...
The higher standard deduction and new income ranges for each tax bracket mean that someone who earned the same income would ...
The federal tax agency's latest update includes items on standard deductions, clarity on marginal tax rates, and the ...
In 2026, for the tax year 2025, the standard deduction got a $400 boost, making it $15,000 for single filers. Married couples ...
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