Each year, the IRS releases new inflation-adjusted tax brackets and standard deductions. In 2025, these adjustments are ...

see The New Standard Deduction is Here. For your current 2024 standard deduction, see What's the Standard Deduction? What will happen to individual income tax rates and brackets after 2025?

Let's be clear: taxes are not dropping across the board in 2025. The tax rates shown below are the same as they were in 2024 ...

For 2025 tax returns, the standard deduction will increase by $400 from 2024 for single taxpayers and some who are married ...

The IRS on Tuesday announced its new inflation-adjusted tax brackets for 2025, with the annual income thresholds rising by about 2.8% from 2024 — the smallest jump in several years. The IRS each ...

There are also changes to the long-term capital gains brackets, estate tax exemption, child tax credit eligibility and more.

If approved by the full House and Senate, the plan would eliminate the current tax brackets and move the state closer to ...

The Philippines has implemented significant tax reforms in recent years with the goals of modernizing the tax system, attracting investment, supporting small businesses, and boosting economic growth.

The new income tax regime’s revised tax slabs introduce rates ranging from 5% to 30%, with incremental increases across ...

Matthew Willard, D-New Orleans, was the most skeptical member of the Ways and Means Committee of the proposed income tax and ...

Is the move to introduce a new concessionary tax rate of 15 per cent under the Development and Expansion Incentive (DEI) scheme being made in view of the new global minimum effective tax rate of 15 ...

Democratic gubernatorial candidate Joyce Craig says she would push to restore the tax, which will be eliminated for the 2025 ...