Compensation costs for private industry workers increased 3.5 percent over the year. Wages and salaries increased 3.5 percent for the 12-month period ending in June.
The limitation under section 414(v)(2)(B)(iii) for catch-up contributions to certain accounts or plans described in section 401(k)(11) or section 408(p) that generally applies for individuals aged 50 or …
CBO revised upward its projections of GDP over the 2025–2034 period by $7.2 trillion (or 2 percent). That upward revision boosted projected receipts from income and payroll taxes.
The index for energy increased 2.8 percent over the past 12 months. The electricity index increased 5.1 percent over the 12 months ending in September and the natural gas index rose 11.7 percent. In …
Temperatures have ranged from two to six degrees above normal over the last 45 days (Sept 1-October 15). The cooler-than-normal temperature outlook for winter (December-January-February) would be …
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standard_deduction
Standard Deduction Amount, Tax Years 1970-2024 ... Notes: The standard deduction was first adopted in 1944. From 1944-1969, it was equal to 10 percent of adjusted gross income, up to a maximum of …
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.4 percent in March on a seasonally adjusted basis, the same increase as in February, the U.S. Bureau of Labor Statistics …