New tax brackets, higher standard deductions and expanded credits are now in effect — changes that could boost paychecks and ...
Taken together with the inflation measure the IRS uses, the agency says that—on average—the inflation-adjusted tax numbers ...
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 ...
(NEXSTAR) — Americans received a glimmer of financial relief last week when the Federal Reserve cut rates for the first time this year, and indicated more cuts could be on the horizon. In just a few ...
It's almost tax season! And the number one question we see every year is: when can I expect my tax refund? Most taxpayers ...
The Internal Revenue Service (IRS) has released an updated Earned Income Credit (EIC) Table Chart to help taxpayers calculate their Earned Income Credit. TRAVERSE ...
IRS tax filing for 2025 returns may face delays in 2026 as new deductions, staffing changes, and refund delivery rules ...
The Inflation Reduction Act of 2022 provided roughly $80 billion for the IRS over 10 years for the purpose of modernizing operations and boosting staff, with the ultimate goal of collecting more ...
Discover how IRS Publication 557 can guide your organization to secure and maintain tax-exempt status, ensuring compliance with essential IRS regulations.