When filing taxes next year on 2024 income, the standard deduction will increase for married couples and for single taxpayers ...

While the top tax rate of 37 percent remains unchanged, it will now apply to individuals earning more than $626,350 for ...

For tax year 2025, the exemption amount for unmarried individuals will increase to $88,100 ($68,650 for married individuals ...

For 2025 tax returns, the standard deduction will increase by $400 from 2024 for single taxpayers and some who are married ...

U.S. taxpayers will again see higher standard deductions for 2025, allowing them to shield more of their money from taxation ...

The standard deduction will now be $15,000 for 2025, an increase of $400 from 2024. For married couples filing jointly, the ...

Today the Internal Revenue Service announced increased to the federal income tax brackets and standard deduction for 2025. If ...

On Tuesday, the Internal Revenue Service announced its annual inflation adjustments for 2025, including updates to the ...

The standard deduction will be $15,000 for individuals next year, and $30,000 for married couples filing jointly.

The higher standard deduction and new income ranges for each tax bracket mean that someone who earned the same income would ...

A group of Democratic lawmakers are urging the Justice Department to prosecute tax prep companies accused of improperly ...