While the tax rates themselves remain unchanged, ranging from 10% to 37%, the income thresholds have been increased by ...
The Internal Revenue Service unveiled Thursday its 2026 federal income tax brackets and deductions for the new tax year.
If you get a raise next year, there’s a chance your tax rate won’t change thanks to new tax brackets recently released by the ...
As usual, tax bracket thresholds were raised. Many taxpayers are getting some additional relief beginning this year, though.
The IRS is raising standard deductions for 2026 — up to $32,200 for joint filers and $16,100 for singles — along with larger ...
The IRS says the standard deduction and earned income tax credit are each going up slightly in 2026 for most taxpayers.
Inflation adjustments and the new tax law will combine to give taxpayers more relief.
For 2026, the IRS made inflation-based adjustments of 4% for the lowest of the seven-tiered bracket system and 2.3% for ...
Despite its partial closure amid the government shutdown, the Internal Revenue Service on Thursday released details of its ...
Each year, the IRS adjusts this deduction to reflect inflation and the rising cost of living. When the deduction increases, taxpayers can keep more of their earnings, which effectively reduces their ...
Millions of Americans could see a financial bump thanks to inflation adjustments to the tax code announced by the Internal Revenue Service Thursday.
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