As usual, tax bracket thresholds were raised. Many taxpayers are getting some additional relief beginning this year, though.

The Setting Every Community Up for Retirement Act of 2019 (the SECURE Act) changed the distribution rules for beneficiaries ...

Each year, the IRS adjusts federal income brackets and thresholds, and capital gains taxes are no exception. Whether you hold ...

The IRS has issued its annual inflation adjustments for more than 60 tax provisions, including with respect to amendments made under the One Big Beautiful Bill Act. The adjustments apply for 2026 and ...

Think you really know how federal income tax brackets work? You’re not alone if you’re not totally sure. A recent survey found that roughly two-thirds of U.S. taxpayers don’t understand how federal ...

One of New York City mayoral nominee Zohran Mamdani’s campaign promises has been to increase taxes on the wealthy and use that revenue to fund the ambitious social programs that make up his campaign ...

Bloomberg Tax & Accounting released its annual report Thursday projecting U.S. tax rate brackets, standard deduction amounts, and alternative minimum tax exemption amounts for the year ahead. The ...

TONIGHT WITH WHAT COMES NEXT. THE CITY COUNCIL WENT INTO TODAY’S MEETING WITH THE INTENTION OF DECIDING ON WHETHER OR NOT THEY WERE GOING TO RELEASE MONTHLY TAX PAYMENTS TO THE SCHOOL EARLY, BUT IN ...

Lawmakers in Georgia have met to discuss the possibility of axing personal income tax. Supporters say eliminating the state's income tax could attract businesses and residents, continuing recent tax ...

Mayor Brandon Johnson on Tuesday pointed to a handful of tax-the-rich options he might consider to balance Chicago’s next budget, among them a corporate head tax. Johnson faces a daunting challenge as ...

If you regularly make donations to tax-exempt charities and non-profits, you should be aware of upcoming rule changes governing how much of your contributions will be deductible. Some of the changes, ...

Now that President Donald Trump’s so-called “big, beautiful bill” is the law, you’re probably wondering how much you’ll save on your taxes when you file next year. The Tax Policy Center (TPC), a ...