These adjustments, announced by the IRS in October 2024, reflect an approximately 2.8 percent increase in income thresholds ...

The tax brackets you fall into determine much you owe the IRS at tax time. For tax year 2024 (filing in 2025), there are seven brackets: 10%, 12%, 22%, 24%, 32%, 35% and 37%. That will remain the ...

Since the due date for your 2024 federal income tax return is still months away, it might seem odd to start thinking about ...

The IRS in October announced the federal income tax brackets for 2025, which raised each income threshold by roughly 2.8%.

The IRS adjusts tax brackets for inflation annually to stop taxpayers being pushed into a higher income tax bracket without an increase in real income. There are seven income brackets that earners can ...

January is a good time to consider tax planning. Amid the yearly onslaught of inflation-adjusted tax figures, here are three ...

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

April 15, 2025, is the filing deadline for federal taxes. That's on a Tuesday this year. If you fail to file or pay your federal tax return on time, the standard penalty is a whopping 5% of any tax ...

Here are the inflation-adjusted tax brackets for 2025. (Note: These brackets apply to federal income tax returns typically filed in early 2026.) It's also essential to remember that, for now ...

As the first paycheck of 2025 hits your bank account, it could have slightly more money due to IRS tax bracket changes. The IRS in October announced the federal income tax brackets for 2025 ...

Your paycheck could be slightly bigger in 2025 due to inflation adjustments to federal income tax brackets. The change may be smaller than in previous years amid cooling inflation. Regardless ...