The Internal Revenue Service announces inflation adjustments that impact tax brackets. Here's what you need to know.

In 2025, Social Security recipients will receive a 2.5% COLA. That is the smallest benefit increase since 2021 because ...

Changes will apply to standard deduction amounts, marginal rates and various credits beginning in tax year 2025.

However, when inflation is high, IRS inflation adjustments can increase the value of various federal tax credits and deductions. The inflation adjustments that have just been released by the IRS ...

Bracket creep occurs when inflation pushes individuals into higher tax brackets. The result is an increase in income taxes without an increase in real purchasing power. The Consumer Price Index ...

Last week the border line euphoric stock market observed a rare moment of pragmatism when investors had to recognize inflation is simply not where best-case scenarios would have liked it ...

The dollar edged higher on Thursday on expectations the currency would be boosted next year by policies by the incoming ...

As Delaware County Council mulls over enacting a 23.8% county tax increase ... than inflation. In the 2025 budget presentation, county Executive Director Barbara O’Malley showed a graph that ...