IRS releases new 2025 income tax brackets, standard deductions: Where do you fall?
For tax year 2025, the exemption amount for unmarried individuals will increase to $88,100 ($68,650 for married individuals filing separately) and begins to phase out at $626,350. For married couples filing jointly, the exemption amount increases to $137,000 and begins to phase out at $1,252,700.
IRS officials were concerned Economic Impact Payments that included Trump's name could have breached federal law.
The Internal Revenue Service has released Revenue Procedure 2024-40, which specifies t he annual inflation adjustments for ...
Capital Research Center president called for banning charities from helping with voter registration. Prominent nonprofits ...
The higher standard deduction and new income ranges for each tax bracket mean that someone who earned the same income would ...
A Georgia man pleaded guilty to obstructing the Internal Revenue Service related to his participation in the promotion of abusive syndicated conservation easement tax shelters, the Justice Department ...
In the aftermath of Hurricanes Milton and Helene, the Internal Revenue Service cautioned taxpayers of scammers who use fake ...
The higher standard deduction and new income ranges for each tax bracket mean that someone who earned the same income would ...
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These are the IRS tax refund dates in 2025The Internal Revenue Service (IRS) is set to begin the 2024 tax season, with improvements aimed at faster processing and ...
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