The IRS is adjusting the income limits for its federal income tax brackets to account for the impact of inflation, an annual reset that could provide relief for some Americans when they file their ...

Oct. 9 (UPI) --The Internal Revenue Service on Thursday unveiled its 2026 federal income tax brackets and deductions for the new tax year. The IRS raised its income threshold for each tax bracket for ...

Government shutdown threatens SNAP benefits for 42 million Americans as funding expires Saturday, leaving low-income families ...

Since the end of World War II, the federal government has never been able to increase tax revenues above a certain, specific level for any length of time by increasing tax rates. There is a natural ...

The federal government's budget deficit reached $2 trillion for the current fiscal year as the deficit has widened by nearly $100 billion from last year. The nonpartisan Congressional Budget Office ...

The IRS has released new federal income tax brackets for 2026, the agency announced in a news release published on Thursday, Oct. 9. The updates are due to changes in inflation and a new tax law that ...