CBS News business analyst Jill Schlesinger breaks down the new IRS 2025 tax brackets. Each year, the agency makes adjustments ...

The IMF forecasts federal and state government revenue will reach a record 36.4 per cent of GDP in 2024, but the tax take won ...

Americans have a better idea of the taxes they’ll be paying in 2025 thanks to new standard deductions and income tax brackets ...

Plus, One Direction fans criticize the online harassment Liam Payne's ex-fiancée, Maya Henry, has received in the aftermath ...

In addition to higher standard deductions, the IRS has proposed several other significant changes for 2025. Notable ...

A look at some of today's top trending headlines including the latest updates on the race for president new tax brackets and ...

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

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 ...

This concept plays a key role in tax planning, and understanding your marginal tax rate can guide more tax-efficient ...

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 ...