It’s official: 2025 will mark another year in which millions of Americans could take home more on each paycheck thanks in part to the latest inflation adjustments to the tax code announced by the IRS ...

Overall, for example, we're talking about roughly a 2.7% inflation-related adjustment that would apply to the standard ...

Vice President Harris said on 60 Minutes that teachers, nurses and firefighters have higher tax rates than billionaires. Here ...

Inflation pushes up the deductions to $15,000 for single taxpayers and married individuals filing separately and $30,000 for couples who file jointly.

It's typical for the IRS to make tax code changes each year to account for inflation. This also helps prevent "tax bracket ...

The tax proposals from Vice President Kamala Harris would, on average, lead to a tax increase for the richest 1 percent of ...

Tariffs, the general public then knew, uniformly raised the cost of goods across the board and did so in a way that was not ...

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 ...

There’s only a week to go before chancellor Rachel Reeves appears in front of 11 Downing Street with that little red box. We ...

Andrew Lautz, associate director for the Bipartisan Policy Center’s economic policy program, says that Harris’ tax plan is ...

Percentage of completion and completed contract are two methods to account for revenues in long-term contracts. The former ...