The Internal Revenue Service on Tuesday announced the annual inflation adjustments for standard deductions, marginal tax ...

If you haven't filed yet, you might want to know that there are new federal income tax brackets for tax year 2024. Every year, the IRS adjusts more than 60 tax provisions, including federal tax ...

STATEN ISLAND, N.Y. -- Tens of millions of Americans have already received tax refunds from the federal government, with the ...

Through Feb. 21, the latest date currently available on the IRS website, the agency has issued 29,615,000 refunds, roughly ...

To adjust for inflation, the IRS raised both the standard deduction and tax brackets, putting some people into lower brackets and letting taxpayers who weren't itemizing deduct more of their income.

Every year, the IRS adjusts its tax brackets and standard deduction for ... a 1 1/2-cent increase from 2023, and a new way to claim the electric vehicle tax credit (you can claim up to $7,500 ...

The IRS notes that you'll pay the higher rate only on the portion that's in the new tax bracket, meaning that only money that lands in that bracket is taxed at that rate. What are the IRS tax ...

Or are they worried about a new 1099-K that showed up out of the blue? The Internal Revenue Service has received 4.2% fewer early income tax returns so far this year through Feb. 21 than the ...

When is Tax Day 2025? All about deductions, income brackets, credits and deadlines ... At one point, buzz was building that a new free online IRS service called Direct File had been killed ...

According to a 2024 Bankrate survey, 36% of US adults earn extra income through a side hustle. And with the growth of ...