The IRS adjusts the federal tax brackets every year account for inflation. The tax agency recently released the new brackets ...

Taken together with the inflation measure the IRS uses, the agency says that—on average—the inflation-adjusted tax numbers ...

New tax brackets, higher standard deductions and expanded credits are now in effect — changes that could boost paychecks and ...

For tax year 2026, the standard deduction will be $32,200 for married couples filing jointly. For single taxpayers and married individuals filing separately, the standard deduction rises to $16,100 ...

Here's what you should know about income tax, what it is, how it works, how to calculate it and which states don't have it.

In 2026, some retirees will owe taxes on their Social Security benefits. This is true despite the fact that President Donald ...