The Internal Revenue Service has released the federal income tax brackets for 2025. A key point for taxpayers is that the ...

In 2024, federal income tax rates remain at 10%, 12%, 22%, 24%, 32%, 35%, and 37%. While these rates stay the same for 2025, the income thresholds for each bracket will adjust for inflation.

The so-called "Big, Beautiful Bill", formally known as the One Big Beautiful Bill Act, has generated political fireworks.

The approval of the One Big Beautiful Bill Act on July 3, 2025, with a close vote in the Senate (51-50, with Vice President ...

Indexing gains to inflation “would really codify the notion that income taxes are only for people who work for a living,” ...

That’s because the government’s definition of taxable income doesn’t track with true economic income, and this disconnect ...

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Simply put, taxpayers will be able to benefit from many of the tax changes in 2025, although they might not notice the ...

Taxes will end up lower than if Congress had done nothing, but typical household costs will probably still go up.

Lake County Councilman Randy Niemeyer proposed eliminating 1% of the county’s income tax as the county braces for the impact ...

The bill extends portions of the Tax Cuts and Jobs Act, provides deductions to eliminate income taxes on certain tips and overtime pay, and addresses other tax priorities of the Trump administration.

Democratic strategist James Carville on Wednesday predicted the country will “probably” enter a recession, regardless of ...