On Tuesday, the Internal Revenue Service announced the annual inflation adjustments for tax year 2025. The document IRS Rev. Proc. 2024-40 provides detailed information on adjustments and changes ...

This adjustments are published by the IRS in an annual pronouncement that identifies the annual inflation adjustments. Based on the changes to the 2025 tax year, the IRS noted more than 60 tax ...

Now that we know the final August 2022 inflation numbers we have a good idea of what the inflation adjusted amounts will be for all of the tax provisions that are adjusted annually. Today, we will ...

taxpayers can expect to see relatively slight changes ahead in the annual inflation adjustment for tax brackets and some tax breaks for 2025. The Internal Revenue Service on Tuesday announced the ...

On 10/22/24, the IRS released the annual inflation adjustments for tax year 2025 that will impact taxpayers when they file their 2025 returns in 2026. Following are the main items for tax year ...

That's because the IRS makes annual inflation adjustments to many tax provisions, which could help offset the impact of rising prices. Here’s more of what you need to know, starting with some ...

WASHINGTON — The Internal Revenue Service announced today the annual inflation adjustments for tax year 2025. Revenue Procedure 2024-40 provides detailed information on adjustments and changes ...

The Net Investment Income Tax thresholds aren't adjusted for inflation, and as a result many taxpayers pay NIIT. Overseas, ...

Though Trump won the election primarily because of voter discontent with higher prices under Biden, Trump's own policies will ...