Treasury Secretary Janet Yellen touted increased enforcement of tax laws by the IRS as helping to close the budget deficit by ...
The IRS released its inflation adjustments to income thresholds for tax brackets as well as deductions, credits and other ...
While the top tax rate of 37 percent remains unchanged, it will now apply to individuals earning more than $626,350 for ...
When filing taxes next year on 2024 income, the standard deduction will increase for married couples and for single taxpayers ...
The IRS also released updated numbers on several other tax markers, including the standard deduction, which rose $400 from ...
In 2026, for the tax year 2025, the standard deduction got a $400 boost, making it $15,000 for single filers. Married couples ...
For 2025 tax returns, the standard deduction will increase by $400 from 2024 for single taxpayers and some who are married ...
IRS officials were concerned Economic Impact Payments that included Trump's name could have breached federal law.
The IRS has announced higher standard deductions for U.S. taxpayers in 2025, allowing them to shield more income from ...
The Internal Revenue Service issued its annual inflation adjustments for tax year 2025, including changes in the standard deduction, marginal rates, tax credits and dozens of other items as a result ...
The potential reclassification of marijuana as a Class III controlled substance has raised questions about tax benefits ...
The standard deduction will go up for 2025 tax returns by $400 from 2024 for single taxpayers and married individuals filing separately.