For 2025 tax returns, the standard deduction will increase by $400 from 2024 for single taxpayers and some who are married ...
The standard deduction will go up for 2025 tax returns by $400 from 2024 for single taxpayers and married individuals filing ...
Although inflation has ebbed, taxpayers will continue to enjoy inflation adjustments to their 2025 taxes — even though it’s ...
On Tuesday, the Internal Revenue Service announced increases to the federal income tax brackets and standard deduction for ...
The Internal Revenue Service has announced some notable changes for tax year 2025. New tax brackets reflect an increase of ...
Inflation pushes up the deductions to $15,000 for single taxpayers and married individuals filing separately and $30,000 for couples who file jointly.
The IRS also boosted figures for dozens of other provisions, including long-term capital gains brackets, estate and gift tax ...
The IRS’s Revenue Procedure 2024-40 outlines crucial adjustments for tax year 2025, including updated tax brackets.
The federal tax agency's latest update includes items on standard deductions, clarity on marginal tax rates, and the ...
The IRS makes such adjustments for each tax year to account for inflation, which has recently been on a downward trend. But Americans are still feeling some key price pressures.
The 0% capital gains bracket could offer tax planning opportunities, experts say. Here are the taxable income limits for 2025 ...
Due to Trump's rich-friendly 2017 tax bill, American taxpayers will receive more in standard deductions on their 2025 income ...