Treasury Secretary Janet Yellen touted increased enforcement of tax laws by the IRS as helping to close the budget deficit by ...

Americans abroad get tax breaks, including foreign housing costs. IRS limits for high-cost cities have not changed in over a ...

The IRS also released updated numbers on several other tax markers, including the standard deduction, which rose $400 from ...

The IRS on Tuesday announced its new inflation-adjusted tax brackets for 2025, with the annual income thresholds rising by ...

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

The standard deduction will be $15,000 for individuals next year, and $30,000 for married couples filing jointly The Internal Revenue Service just set its levels for income-tax brackets and a commonly ...

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

For 2025 tax returns, the standard deduction will increase by $400 from 2024 for single taxpayers and some who are married ...

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

When filing taxes next year on 2024 income, the standard deduction will increase for married couples and for single taxpayers ...