The IMF forecasts federal and state government revenue will reach a record 36.4 per cent of GDP in 2024, but the tax take won ...
Americans have a better idea of the taxes they’ll be paying in 2025 thanks to new standard deductions and income tax brackets ...
Plus, One Direction fans criticize the online harassment Liam Payne's ex-fiancée, Maya Henry, has received in the aftermath ...
Princeton reported that 11 percent of this year’s recent seniors graduated with debt — and 17 percent of “recent seniors” ...
“For married couples filing jointly, the standard deduction rises to $30,000, an increase of $800 from tax year 2024,” the IRS said in its announcement. “For heads of households, the standard ...
Traditional IRA accounts and 401(k) plans each carry the same tax structure. Until their contribution limits are reached—in ...
The IRS announced that income tax bracket thresholds will rise by about 2.8% for 2025. The modest increase reflects a ...
While the top tax rate of 37 percent remains unchanged, it will now apply to individuals earning more than $626,350 for ...
In 2026, for the tax year 2025, the standard deduction got a $400 boost, making it $15,000 for single filers. Married couples ...
The proposed plan would lower the top individual and corporate tax rates to establish a flat tax rate, raise the standard dedication for individuals and eliminate the corporate franchise tax.
Since the due date for your 2024 federal income tax return is still months away, it might seem odd to start thinking about ...
The IRS makes such adjustments for each tax year to account for inflation, which has recently been on a downward trend. Last ...