The IRS released its inflation adjustments to income thresholds for tax brackets as well as deductions, credits and other provisions that will take effect for tax year 2025.

The IRS annually updates its inflation adjustments for each tax and the new rules will go into effect for tax returns filed ...

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 IRS has announced higher federal income tax brackets and standard deductions for 2025. Here’s what taxpayers need to know ...

The IRS has announced new changes affecting the earned income tax credit, child tax credit, adoption credit and annual gift ...

When filing taxes next year on 2024 income, the standard deduction will increase for married couples and for single taxpayers ...

Former New York gubernatorial candidate Lee Zeldin discusses whether Trump's campaign is swaying undecided voters on 'Cavuto: Coast to Coast.' ...

For 2025 tax returns, the standard deduction will increase by $400 from 2024 for single taxpayers and some who are married ...

It's typical for the IRS to make tax code changes each year to account for inflation. This also helps prevent "tax bracket ...

The IRS has announced the annual inflation adjustments for the year 2025, including tax rate schedules, tax tables and ...

Claiming these and other federal tax credits and deductions like the adoption credit and the Earned Income Tax Credit (EITC) ...

Here's a minor upside of inflation: if your income and deductions stay the same this year as last year, you'll pay less in ...