For single taxpayers and married individuals filing separately, the deduction is rising to $15,000 — up $400 from 2024.

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

Traditional IRA accounts and 401(k) plans each carry the same tax structure. Until their contribution limits are reached—in ...

The IRS announced that income tax bracket thresholds will rise by about 2.8% for 2025. The modest increase reflects a ...

IRS announces modest inflation-adjusted tax brackets for 2025, with a 2.8% increase, the smallest in years, aimed at ...

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, ...

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

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 ...