Extra work hours in the week can mean extra pay. Now, it can also mean a new tax benefit you can claim on your return come tax time. Starting Jan.
The Internal Revenue Service (IRS) on Thursday announced a major overhaul of the US tax system, releasing new federal income tax brackets and standard deductions for the 2026 tax year. Announcing the ...
A progressive tax is when the tax rates increase (or “progresses”) as the taxable income increases for an individual or a ...
New IRS tax brackets for 2026 could slightly increase paychecks for millions of American workers. Lower brackets widened by ...
The IRS on Thursday announced adjustments it is making to a host of line items on your federal tax return for this year and next. Those updates are the result of changes in inflation but also due to ...
The updated rules stem from federal tax legislation passed in 2025, sometimes referred to as the 'One Big Beautiful Bill,' ...