Today the Internal Revenue Service announced increased to the federal income tax brackets and standard deduction for 2025. If your salary remains the same but you fall into a lower tax bracket next year, this could increase your paycheck starting in January.

The IRS has adjusted tax brackets and dozens of other provisions for inflation. Here's how that will impact your taxes.

The IRS released its inflation adjustments to income thresholds for tax brackets as well as deductions, credits and other provisions that will take effect for tax year 2025.