U.S. taxpayers will again see higher standard deductions for 2025, allowing them to shield more of their money from the ...
Non-fungible tokens are a new type of asset, distinct from cryptocurrency. At present, the IRS treats it the same as other ...
Learn the IRS rates and inflation adjustments for 2024 federal taxes—tax brackets, federal income tax rates, new IRA rules, ...
The IRS released its inflation adjustments to income thresholds for tax brackets as well as deductions, credits and other ...
When filing taxes next year on 2024 income, the standard deduction will increase for married couples and for single taxpayers ...
For 2025 tax returns, the standard deduction will increase by $400 from 2024 for single taxpayers and some who are married ...
In 2026, for the tax year 2025, the standard deduction got a $400 boost, making it $15,000 for single filers. Married couples ...
While the top tax rate of 37 percent remains unchanged, it will now apply to individuals earning more than $626,350 for ...
For tax year 2025, the exemption amount for unmarried individuals will increase to $88,100 ($68,650 for married individuals ...
The standard deduction will be $15,000 for individuals next year, and $30,000 for married couples filing jointly.