For tax year 2025, the exemption amount for unmarried individuals will increase to $88,100 ($68,650 for married individuals ...
On Tuesday, the Internal Revenue Service announced its annual inflation adjustments for 2025, including updates to the ...
The IRS released the 2025 standard deduction amounts you’ll use for your 2025 tax return.These amounts for each filing status ...
The IRS has announced higher standard deductions for U.S. taxpayers in 2025, allowing them to shield more income from ...
U.S. taxpayers will again see higher standard deductions for 2025, allowing them to shield more of their money from taxation ...