The IRS’s Revenue Procedure 2024-40 outlines crucial adjustments for tax year 2025, including updated tax brackets.

On Tuesday, the Internal Revenue Service announced increases to the federal income tax brackets and standard deduction for ...

A Broward County woman was sentenced to one year in federal prison Tuesday, two months after she admitted to making nearly ...

Construction is expected to begin in the early part of 2025 with families and individuals moving into the newly constructed ...

What are the worst tax filing mistakes people make? Tax expert and attorney Barbara Weltman points out 10 common errors—and ...

Treasury Secretary Janet Yellen touted increased enforcement of tax laws by the IRS as helping to close the budget deficit by ...

While the top tax rate of 37 percent remains unchanged, it will now apply to individuals earning more than $626,350 for ...

U.S. taxpayers will again see higher standard deductions for 2025, allowing them to shield more of their money from taxation ...

The First Amendment robustly protects the right to discuss political topics through the lens of faith, and no one should ...

The brackets that determine how much Americans pay in taxes each year are moving up by their smallest amount in a few years.

The higher standard deduction and new income ranges for each tax bracket mean that someone who earned the same income would ...