The standard deduction will be $15,000 for individuals next year, and $30,000 for married couples filing jointly.
It's typical for the IRS to make tax code changes each year to account for inflation. This also helps prevent "tax bracket ...
With income-driven repayment plans tied up by the courts, the Education Department on Monday scrambled to give millions of borrowers options.
Dark money and charity organizations led by former intelligence officers and ex-feds have been spreading propaganda and laying the groundwork for presidential election challenges.
When filing taxes next year on 2024 income, the standard deduction will increase for married couples and for single taxpayers ...
The IRS makes such adjustments for each tax year to account for inflation, which has recently been on a downward trend. Last ...
On Tuesday, the Internal Revenue Service announced updated federal income tax brackets and standard deductions for 2025, impacting tax returns filed in 2026. The new thresholds will come as a relief ...
In the aftermath of Hurricanes Milton and Helene, the Internal Revenue Service cautions taxpayers of scammers who use fake ...