The starting annual income ranges for each tax rate increased based on inflation with each income range going up roughly 2.8% from tax year 2024.

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

Non-fungible tokens are a new type of asset, distinct from cryptocurrency. At present, the IRS treats it the same as other ...

Compound interest can help turbocharge your savings and investments or quickly lead to an unruly balance, stuck in a cycle of ...

The potential reclassification of marijuana as a Class III controlled substance has raised questions about tax benefits ...

READING, Pa. - The Internal Revenue Service (IRS) is announcing plans to reopen its office in downtown Reading. U.S. Congresswoman Chrissy Houlahan (D,) who serves Reading, says full five-day service ...

Learn the IRS rates and inflation adjustments for 2024 federal taxes—tax brackets, federal income tax rates, new IRA rules, ...

The IRS released its inflation adjustments to income thresholds for tax brackets as well as deductions, credits and other ...

The brackets that determine how much Americans pay in taxes each year are moving up by their smallest amount in a few years. It will take more income to reach each higher tax bracket after the roughly ...

The IRS has announced higher standard deductions for U.S. taxpayers in 2025, allowing them to shield more income from ...

The Internal Revenue Service issued its annual inflation adjustments for tax year 2025, including changes in the standard deduction, marginal rates, tax credits and dozens of other items as a result ...