If you haven't filed yet, you might want to know that there are new federal income tax brackets for tax year 2024. Every year ...

As millions of Americans file their federal tax returns, many are noticing a slight increase in their refunds compared to ...

The Tax Cuts and Jobs Act (TCJA), a massive overhaul of the tax code, is set to expire at the end of 2025. Here’s what could happen.

The Alternative Minimum Tax (AMT) is a parallel income tax system designed to ensure that high-income individuals pay a ...

To adjust for inflation, the IRS raised both the standard deduction and tax brackets, putting some people into lower brackets and letting taxpayers who weren't itemizing deduct more of their income.

Michael Brennan says tax brackets should be increased every year to eliminate bracket creep and end the federal government’s ...

Coloradans doing their taxes this month can count themselves lucky: they have some of the lowest tax rates in the country.

Illinois was found to have the highest total effective tax rate at 16.58%, with households earning the state’s median income ...