Tag Archives for " tax brackets "

IRS Announces New Federal Income Tax Brackets for 2025

November 20, 2024

The IRS recently unveiled the new federal income tax brackets for 2025, adjusting income thresholds across all tax rates. These changes, including increases to the standard deduction, aim to account for

November 16, 2023

The IRS is introducing new income limits for its seven tax brackets, adjusting the thresholds to account for the impact of inflation. That could provide a break to some taxpayers on their taxes in 2024.The

October 24, 2022

Many of the 145 million Americans who filed individual tax returns this year might feel like they just got a tax break.Substantial inflation adjustments made recently by the Internal Revenue Service mean

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