In 2026, for the tax year 2025, the standard deduction got a $400 boost, making it $15,000 for single filers. Married couples ...
The IRS also boosted figures for dozens of other provisions, including long-term capital gains brackets estate and gift tax ...
2290. Sole proprietors who do not have an EIN are not currently eligible to set up a Business Tax Account. Instead, they can access their tax records by setting up an IRS individual Online Account.
The Internal Revenue Service just set its levels for income-tax brackets and a commonly-used deduction that Americans will ...
Today the Internal Revenue Service announced increased to the federal income tax brackets and standard deduction for 2025. If ...
The standard deduction will now be $15,000 for 2025, an increase of $400 from 2024. For married couples filing jointly, the ...
The IRS typically announces its new tax brackets each fall, but experts are already forecasting next year's adjustments by crunching the same inflation data the tax agency uses in its annual resets.
Higher federal income tax brackets and standard deductions will take effect at the beginning of January, potentially giving ...
Here’s How IRS Scammers Operate and What You Can Do to Fight Back Amy Fontinelle has more than 15 years of experience covering personal finance, corporate finance and investing. The fact is that ...
Income thresholds for all seven federal tax bracket levels were also revised upward. The top tax rate, which remains 37%, ...
The Internal Revenue Service said Thursday that the tax gap — the difference between taxes owed and paid — was $696 billion ...
Each year, the IRS extends tax deadlines for taxpayers in designated areas impacted by severe storms and natural disasters. The IRS announces these tax deadline extensions for various states as ...