Changes will apply to standard deduction amounts, marginal rates and various credits beginning in tax year 2025.
Consumers now expect prices to rise under Trump — and are stocking up for what could be an expensive four years.
The two major techbro obsessions—crypto and AI—have delivered mostly scams and hype. But this year, they managed to buy ...
Loge said that going into 2025, the U.S. would have a relatively strong economy, with inflation at close to 2 percent, and that "the prudent policy would be to stay the course." ...
As Congress fought over the spending bill, Republicans snuck in a passage to gut funding for the IRS. And Democrats didn’t ...
A new law and constitutional amendment will restrict how fast property tax bills can rise on homestead properties, impacting ...
While the 12.4% tax on workers' income remains, the maximum taxable earnings will increase. This adjustment will influence ...
President-elect Donald Trump won a return to the White House in part by promising big changes in economic policy — more tax ...
Sen. Joe Manchin (I-W.Va.) said in an interview that aired Sunday he believes some Inflation Reduction Act (IRA) portions “almost” have to stay during President-elect Trump’s next administration.
Thankfully, there may be a potential silver lining when it comes to taxes. That's because the IRS makes annual inflation adjustments to many tax provisions, which could help offset the impact of r ...
Closing the tax gap requires a tech-first approach, with human intervention focused on the most complex cases.
The year 2024 was full of milestones. Bitcoin (BTC) crossed the $100,000 price threshold, firmly leaving behind the ...