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The standard deduction is also going to increase for the 2026 tax year, so those high earners who claim the standard deduction will get to subtract more of their money from their taxable income. The ...
At the end of 2024 the IRS announced the new income tax brackets for 2025, allowing people to plan ahead for their 2025 ...
As usual, tax bracket thresholds were raised. Many taxpayers are getting some additional relief beginning this year, though.
Tax changes could result in higher ticket prices, fewer concerts and some grassroots music venues closing down, with London ...
On Thursday, a state senator, along with the Nebraska GOP, held a discussion on efforts to lower tax rates in the state.
Travelers wanting to see the ancient temples and shrines in Kyoto will soon need to increase their budget as the historic city announced a 900% hike on its tourist tax earlier this month. This will ...
Another year brings another inflation adjustment for the thresholds that determine how much you owe Uncle Sam.
For 2026, the IRS made inflation-based adjustments of 4% for the lowest of the seven-tiered bracket system and 2.3% for ...
Yes, the due date for your 2025 federal income tax return is still months away. But the go-getters among us are already ...
The IRS has adjusted federal income tax brackets for the 2026 tax year to account for inflation. Here's what changes and how ...
Both the tax brackets and the standard deduction for the 2026 tax year, which is filed in 2027, have increased to reflect ...