On Tuesday, the Internal Revenue Service announced increases to the federal income tax brackets and standard deduction for ...
The IRS announced inflation adjustments for the 2025 tax year on October 22, affecting tax brackets for returns due April 15, 2026. The top progressive tax rate of 37% for people ...
People filing their tax returns in 2026 will be affected by the changes the IRS announced on Tuesday. Here's how you may be ...
For 2025 tax returns, the standard deduction will increase by $400 from 2024 for single taxpayers and some who are married ...
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 ...
Due to Trump's rich-friendly 2017 tax bill, American taxpayers will receive more in standard deductions on their 2025 income ...
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 ...
Vice President Harris said on 60 Minutes that teachers, nurses and firefighters have higher tax rates than billionaires. Here ...
Inflation pushes up the deductions to $15,000 for single taxpayers and married individuals filing separately and $30,000 for couples who file jointly.
Although inflation has ebbed, taxpayers will continue to enjoy inflation adjustments to their 2025 taxes — even though it’s ...
It’s official: 2025 will mark another year in which millions of Americans could take home more on each paycheck thanks in part to the latest inflation adjustments to the tax code announced by the IRS ...