The lowest tax bracket for single filers ends at $11,925 while the highest begins at $626,351. The IRS has adjusted federal income tax brackets for 2025, increasing the standard deduction and ...

Your effective tax rate is based on the marginal rates that apply to you. Deductions lower your taxable income, while credits decrease your tax bill. With the 2024 tax deadline passed, you may already ...

As an Arizona taxpayer, you have a unique opportunity to direct your tax money to schools and charities you support and believe in. You have to make a donation upfront, but — provided you stay ...

As an Arizona taxpayer, you have a unique opportunity to direct your tax money to schools and charities you support and believe in. You must make a donation upfront, but — provided you stay ...

To talk about a proposal to do away with the state income tax, a potential vote to override a gubernatorial veto and more, ...

Arizona is courting disaster if it shifts to a flat income tax that would permanently cut state revenue by as much as $1.9 billion every year, former Gov. Jan Brewer warned Friday. Her comments ...

An accountant is offered a $10,000 raise, but declines it due to fear of moving to a higher tax bracket. His friend explains how marginal tax brackets work. Supreme Court declines religious ...

Tenants in Arizona may get some financial relief in the new year once the state repeals the transaction privilege tax for rental properties. Starting on Jan. 1, property owners will be expected to ...

Three of the current six tax brackets — those applying to the lowest income earners in the state — will be eliminated. Additionally, the bill includes a mechanism to potentially trigger ...

Gift tax is a federal tax on the transfer of money or property to another person. Because of annual and lifetime limits, few people end up owing it. Many, or all, of the products featured on this ...

The House narrowly passed a tax cut bill that faces an uncertain future in the Senate, with Arizona's Democratic senators opposed. The bill would make Trump's first-term tax cuts permanent ...