CBS News business analyst Jill Schlesinger breaks down the new IRS 2025 tax brackets. Each year, the agency makes adjustments ...
The IRS has adjusted tax brackets and dozens of other provisions for inflation. Here's how that will impact your taxes.
The IRS also boosted figures for dozens of other provisions, including long-term capital gains brackets estate and gift tax ...
When filing taxes next year on 2024 income, the standard deduction will increase for married couples and for single taxpayers ...
It's typical for the IRS to make tax code changes each year to account for inflation. This also helps prevent "tax bracket ...
Overall, for example, we're talking about roughly a 2.7% inflation-related adjustment that would apply to the standard ...
The Internal Revenue Service just set its levels for income-tax brackets and a commonly-used deduction that Americans will ...
The standard deduction will rise to $15,000 for an individual or $30,000 for a married couple. The IRS on Tuesday announced ...
Here's a minor upside of inflation: if your income and deductions stay the same this year as last year, you'll pay less in ...
The Internal Revenue Service unveiled its tax brackets for 2025 on Tuesday, with moderate adjustments to the income ranges ...
For tax year 2025, the exemption amount for unmarried individuals will increase to $88,100 ($68,650 for married individuals ...
The IRS released its inflation adjustments to income thresholds for tax brackets as well as deductions, credits and other ...