The IRS also released updated numbers on several other tax markers, including the standard deduction, which rose $400 from ...

Overall, for example, we're talking about roughly a 2.7% inflation-related adjustment that would apply to the standard ...

The IRS on Tuesday announced its new inflation-adjusted tax brackets for 2025, with the annual income thresholds rising by ...

That marks a bump from the 2024 standard deduction of $29,200 and $14,600, respectively. The 2017 federal tax cuts included higher deductions which will sunset next year if Congress does not act on a ...