In addition to higher standard deductions, the IRS has proposed several other significant changes for 2025. Notable ...
Americans abroad get tax breaks, including foreign housing costs. IRS limits for high-cost cities have not changed in over a ...
For 2025 tax returns, the standard deduction will increase by $400 from 2024 for single taxpayers and some who are married ...
The IRS has announced the annual inflation adjustments for the year 2025, including tax rate schedules, tax tables and ...
The IRS also boosted figures for dozens of other provisions, including long-term capital gains brackets estate and gift tax ...
In 2026, for the tax year 2025, the standard deduction got a $400 boost, making it $15,000 for single filers. Married couples ...
For tax year 2025, the exemption amount for unmarried individuals will increase to $88,100 ($68,650 for married individuals ...
The IRS has announced higher standard deductions for U.S. taxpayers in 2025, allowing them to shield more income from ...
While the top tax rate of 37 percent remains unchanged, it will now apply to individuals earning more than $626,350 for ...
U.S. taxpayers will again see higher standard deductions for 2025, allowing them to shield more of their money from taxation ...
The IRS released its inflation adjustments to income thresholds for tax brackets as well as deductions, credits and other ...