As usual, tax bracket thresholds were raised. Many taxpayers are getting some additional relief beginning this year, though.
IRS Confirms 2026 Tax Bracket Updates. What Top Earners Need to Know. The IRS recently released the inflation-adjusted tax brackets for the 2026 tax year. The updated standard deduction was announced ...
Another year brings another inflation adjustment for the thresholds that determine how much you owe Uncle Sam.
The IRS announced a raft of changes to tax rules for tax year 2026 on Thursday, including higher brackets for capital gains ...
To be clear, the 2026 standard deduction applies to income you earn in 2026 but is for the tax return you'll file in 2027.
Plus: Fantasy football winnings, tax benefits related to cars, stock options, a nod for IRS Chief Counsel, Taylor Swift tax, tax filing deadlines, and tax trivia.
The perennial debate over whether every American pays their "fair share" in taxes often generates more heat than light. However, recently released IRS data for the 2022 tax year provides a detailed, ...
President Trump's IRS hiring freeze protects small businesses from audit expansion as calls grow for tax system reform to level the playing field.