What to know about the 2025 inflation-adjusted tax brackets
CBS News business analyst Jill Schlesinger breaks down the new IRS 2025 tax brackets. Each year, the agency makes adjustments ...
This Election, Your Financial Plans Should Focus on Taxes
Don't let election drama tempt you into changing the makeup of your portfolio. The sensible move right now is to work out how ...
Taxpayers will get bigger standard deductions in 2025, but with smaller boosts than recent years
For single taxpayers and married individuals filing separately, the standard deduction rises to $15,000 — up $400 from 2024.
The Tax Gap Totaled Nearly $700 Billion in 2022, IRS Says
The Internal Revenue Service said Thursday that the tax gap — the difference between taxes owed and paid — was $696 billion ...