Next year, the standard deduction will increase to $15,000 for single filers and $30,000 if filing jointly. The earned income tax credit for low—to middle-income filers will also increase to a maximum ...
The Internal Revenue Service has announced some notable changes for tax year 2025. New tax brackets reflect an increase of ...
The IRS has announced new federal income tax brackets and standard deductions for next year. The new policies start in the ...
The IRS also boosted figures for dozens of other provisions, including long-term capital gains brackets, estate and gift tax ...
The 2025 tax bracket increases are the smallest in four years, but there are still important changes that could save you ...
CBS News business analyst Jill Schlesinger breaks down the new IRS 2025 tax brackets. Each year, the agency makes adjustments ...
Americans have a better idea of the taxes they’ll be paying in 2025 thanks to new standard deductions and income tax brackets ...
The Internal Revenue Service released tax brackets adjusted for inflation before the 2025 tax year begins. Officials gave the ...
A look at some of today's top trending headlines including the latest updates on the race for president new tax brackets and ...
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 ...