In 2026, for the tax year 2025, the standard deduction got a $400 boost, making it $15,000 for single filers. Married couples ...

The IRS on Tuesday provided its annual inflation adjustments for over 60 tax provisions in tax year 2025, including increases in the standard deduction for married couples and single individuals.

Since the due date for your 2024 federal income tax return is still months away, it might seem odd to start thinking about ...

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.

While tax season may have passed for the 2023 tax year and 2024 is coming up soon, if you're keeping an eye on your taxes for ...

The IRS has announced new changes affecting the earned income tax credit, child tax credit, adoption credit and annual gift ...

“For married couples filing jointly, the standard deduction rises to $30,000, an increase of $800 from tax year 2024,” the ...

It’s official: 2025 will mark another year in which millions of Americans could take home more on each paycheck thanks in ...

The IRS has announced the annual inflation adjustments for the year 2025, including tax rate schedules, tax tables and ...

The IRS makes such adjustments for each tax year to account for inflation, which has recently been on a downward trend.

For family coverage in tax year 2025, the annual deductible is not less than $5,700, increasing from $5,550 in tax year 2024; ...

What is not changing is the top tax rate. The IRS says that will remain at 37% for individual single taxpayers with incomes ...