The IRS on Thursday released a batch of annual tax-code adjustments, including the income ranges needed to notch the ...
For the 2025 tax year (returns filed in 2026), the Trump bill raises the standard deduction to $31,500 for couples filing ...
This change can significantly impact your taxes: you may face a lower standard deduction, a higher marginal tax rate, more of your Social Security benefits taxed, and potentially trigger Medicare ...
Every year, elected officials proclaim they’re holding the line on taxes. Sometimes they brag they’re cutting the tax rate. People often wonder why their tax bills keep going up.