These adjustments, announced by the IRS in October 2024, reflect an approximately 2.8 percent increase in income thresholds for each bracket to account for inflation. As a result, taxpayers may notice ...

The Internal Revenue Service announces inflation adjustments that impact tax brackets. Here's what you need to know.

Since the due date for your 2024 federal income tax return is still months away, it might seem odd to start thinking about your 2025 federal tax return now. But it’s never too early to begin preparing ...

There are other tax changes happening next year that could put more money in your paycheck. If you collect Social Security, you'll receive a 2.5% cost-of-living-adjustment in 2025. The Earned Income ...