Kelly Phillips Erb is a Forbes senior writer who covers tax. Author’s note: The standard deduction amounts, state and local tax (SALT) caps, and maximum amount of the child tax credit have been ...

The IRS has announced the annual inflation adjustments for the year 2024, including tax rate schedules, tax tables and cost-of-living adjustments. These are the official numbers for the tax year ...

The Internal Revenue Service provided the annual inflation adjustments for tax year 2024, including increases in the standard deduction and changes in tax brackets. Processing Content Revenue ...

There are no new credits or deductions available for this filing season. However, the IRS has made its annual inflation adjustments for more than 60 tax provisions, including tax rate schedules and ...

The IRS on Tuesday provided its annual inflation adjustments for over 60 tax provisions in tax year 2025, including increases in the standard deduction for married couples and single individuals.

See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. In just a few weeks, Americans will be able to start filing their tax ...

Four new tax deductions are available on federal returns for eligible taxpayers whether they itemize deductions, such as claiming mortgage interest, or claim the standard deduction. All four big tax ...

The IRS will begin accepting 2025 tax returns on Monday, January 26, 2026. The deadline to file taxes or request an extension is April 15, 2026. Most tax refunds are issued in less than 21 days, ...