NEW YORK (AP) — U.S. taxpayers will again see higher standard deductions for 2025, allowing them to shield more of their ...

Next year, the standard deduction will increase to $15,000 for single filers and $30,000 if filing jointly. The earned income tax credit for low—to middle-income filers will also increase to a maximum ...

The Internal Revenue Service has announced some notable changes for tax year 2025. New tax brackets reflect an increase of ...

The IRS also boosted figures for dozens of other provisions, including long-term capital gains brackets, estate and gift tax ...

The Internal Revenue Service released tax brackets adjusted for inflation before the 2025 tax year begins. Officials gave the ...

In addition to higher standard deductions, the IRS has proposed several other significant changes for 2025. Notable ...

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 ...

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.

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

The IRS announced Tuesday that the standard deduction would increase by $800 for the 2025 tax year, rising to $30,000 for ...

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