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The IRS just changed how much tax you'll pay. Are you getting a break?
The IRS has officially released the inflation-adjusted income tax brackets and standard deduction for 2025. Find out the new ...
Taken together with the inflation measure the IRS uses, the agency says that—on average—the inflation-adjusted tax numbers ...
There is a reasonable chance he can do this without having to go through Congress. And our sources in the administration tell us Trump is interested in doing just that. The tax on inflationary gains ...
Each year, as autumn approaches in the United States, the focus of millions of taxpayers shifts to the Internal Revenue Service (IRS). This attention is not coincidental, as the agency is responsible ...
Journal Editorial Report: The President pushes ahead with tariffs despite high prices. Photo: Stefani Reynolds/Bloomberg/Chip Somodevilla/Getty Images As the debate heats up about whether and how to ...
(The Center Square) – The CEO of Wisconsin’s MacIver Institute and leaders from conservative groups across the country wrote to the chairman of the U.S. House Ways and Means Committee asking for an ...
Other indexed changes cover earned income tax credits (EITC), transportation fringe benefits, health flexible spending accounts, medical savings account limits, foreign earned income exclusion and ...
With inflation holding steady, Bloomberg Tax & Accounting predicts that tax brackets and inflation-adjusted amounts will increase slightly. Combined with changes under the new tax law, your tax ...
Just before Christmas, Federal Reserve Chair Jerome Powell told Americans something most of us know: inflation is still haunting our families. I’m worried about persistent rising costs and how they ...
I have four kids and spend more than $1,000 per month on groceries. Spending $250 each week doesn't get me the amount of food it used to, either, much to my teenagers' chagrin. From 2020 to 2024, food ...
President Donald Trump should follow up on his historic “big, beautiful” tax bill with an extra booster shot for the economy by immediately indexing the capital gains taxes for inflation. There is a ...
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