The Internal Revenue Service unveiled Thursday its 2026 federal income tax brackets and deductions for the new tax year.
The IRS announced higher income thresholds, which means taxpayers will get taxed less on lower income amounts.
Despite its partial closure amid the government shutdown, the Internal Revenue Service on Thursday released details of its ...
Inflation adjustments and the new tax law will combine to give taxpayers more relief.
The Internal Revenue Service on Thursday announced the inflation adjustments for 2026 tax brackets and other provisions of ...
The IRS says the standard deduction and earned income tax credit are each going up slightly in 2026 for most taxpayers.
Wondering how much you’ll pay in taxes next year? The Internal Revenue Service has released the 2026 tax brackets, providing American taxpayers with insight into inflation adjustments and income ...
For financial advisers and wealth managers, these IRS adjustments and OBBB reforms highlight a clear message: tax planning is ...
Each year, the IRS adjusts this deduction to reflect inflation and the rising cost of living. When the deduction increases, taxpayers can keep more of their earnings, which effectively reduces their ...
Despite a government shutdown and news that the Internal Revenue Service would furlough almost half of its staff, the IRS ...
The standard deduction is rising to $32,200 for married couples filing jointly in 2026, an increase of $700 over 2025.
IRS has announced new income thresholds for 2026 federal tax brackets, adjusting for inflation and providing relief for both ...