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 ...

Should you worry about the AMT? Even if you're subject to it, there are exemptions and strategies for reducing your tax bill.

In its new report, the IRS estimates that: The gross tax gap was $708 billion for 2021 and $696 billion in 2022; after ...

Although inflation has ebbed, taxpayers will continue to enjoy inflation adjustments to their 2025 taxes — even though it’s ...

New Yorkers can expect adjustments in both federal tax brackets and Social Security benefits for 2025, targeting inflation.

The IRS is set to adjust for inflation in 2025 with new federal income tax brackets and increased deductions. Income ...