CBS News business analyst Jill Schlesinger breaks down the new IRS 2025 tax brackets. Each year, the agency makes adjustments ...
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In addition to higher standard deductions, the IRS has proposed several other significant changes for 2025. Notable ...
Overall, for example, we're talking about roughly a 2.7% inflation-related adjustment that would apply to the standard ...
The IRS on Tuesday announced its new inflation-adjusted tax brackets for 2025, with the annual income thresholds rising by ...
The starting annual income ranges for each tax rate increased based on inflation with each income range going up roughly 2.8% from tax year 2024.
The IRS also boosted figures for dozens of other provisions, including long-term capital gains brackets estate and gift tax ...
The IRS announced that income tax bracket thresholds will rise by about 2.8% for 2025. The modest increase reflects a ...
While the top tax rate of 37 percent remains unchanged, it will now apply to individuals earning more than $626,350 for ...
The IRS announced Tuesday that the standard deduction would increase by $800 for the 2025 tax year, rising to $30,000 for ...
The IRS has released the adjusted tax brackets for 2025. Find out which one you are in based on your income and how much tax ...