The IRS released its inflation adjustments to income thresholds for tax brackets as well as deductions, credits and other ...

The IRS annually updates its inflation adjustments for each tax and the new rules will go into effect for tax returns filed ...

When filing taxes next year on 2024 income, the standard deduction will increase for married couples and for single taxpayers ...

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

IRS officials were concerned Economic Impact Payments that included Trump's name could have breached federal law.

For 2025 tax returns, the standard deduction will increase by $400 from 2024 for single taxpayers and some who are married ...

For the 2025 tax year, the IRS has revised the tax rates and deductions to account for inflation. All tax categories will see ...

The standard deduction will be $15,000 for individuals next year, and $30,000 for married couples filing jointly.

For tax year 2025, the exemption amount for unmarried individuals will increase to $88,100 ($68,650 for married individuals ...

The starting annual income ranges for each tax rate increased based on inflation with each income range going up roughly 2.8% from tax year 2024.

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