The IRS adjusts the federal tax brackets every year account for inflation. The tax agency recently released the new brackets ...
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 ...
New tax brackets, higher standard deductions and expanded credits are now in effect — changes that could boost paychecks and ...
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 ...
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.
Trina Paul is a Breaking News and Personal Finance Writer at Investopedia, covering topics like retirement, consumer debt, and retail investing. She focuses on making complex financial topics ...