Taken together with the inflation measure the IRS uses, the agency says that—on average—the inflation-adjusted tax numbers ...

New tax brackets, higher standard deductions and expanded credits are now in effect — changes that could boost paychecks and ...

The IRS announced updated inflation adjustments for the 2026 tax year, including new federal tax brackets and higher standard ...

For tax year 2026, the standard deduction will be $32,200 for married couples filing jointly. For single taxpayers and married individuals filing separately, the standard deduction rises to $16,100 ...

Income taxes are a part of life for anyone who earns money in the United States, and for those who earn a high income, a big IRS bill is par for the course. That's because the United States has a ...

Here's what you should know about income tax, what it is, how it works, how to calculate it and which states don't have it.

The New York Times reported that President Donald Trump paid just $750 in 2016 and 2017, much less than other recent presidential candidates.

Labor Secretary Lori Chavez-DeRemer cited data from a credible source, but it is cherry-picked and reflects only the law’s new policies. The data ignores some of the law’s policy extensions that ...