Changes in the tax law will have different effects on people who take the standard deduction versus high earners who itemize.

The Internal Revenue Service issued guidance Friday for workers eligible to claim the deduction for tips and overtime income for tax year 2025. Notice 2025-69 provides clarification on how to ...

CLEVELAND — If you've received an audit from the Central Collections Agency and thought no big deal, think again, because now you may receive a threat of legal action from the city of Cleveland.

If you get a raise next year, there’s a chance your tax rate won’t change thanks to new tax brackets recently released by the Internal Revenue Service. And if you earn the same amount or less, your ...

The IRS is adjusting the income limits for its federal income tax brackets to account for the impact of inflation, an annual reset that could provide relief for some Americans when they file their ...

Managing your finances in a tax-efficient way requires planning and understanding of the current tax laws. A key aspect of that planning is being aware of federal income tax brackets. These brackets ...

The IRS released the new federal income tax brackets and standard deductions for 2026. Here's what to know about the new tax rates and how the changes will affect you. New IRS updates announced on ...

Oct. 9 (UPI) --The Internal Revenue Service on Thursday unveiled its 2026 federal income tax brackets and deductions for the new tax year. The IRS raised its income threshold for each tax bracket for ...

The IRS has released the new income limits for federal income tax brackets for the tax year 2026. The brackets you fall into determine how much you owe at tax time. For 2025 returns, which will be ...

The IRS on Thursday announced adjustments it is making to a host of line items on your federal tax return for this year and next. Those updates are the result of changes in inflation but also due to ...

Households, including 1.25 million on Long Island, must list the refund of up to $400 as income on their federal taxes, the Gothamist reported. They will not be on the hook for a state tax levy. Gov.

Taxpayers who want to claim some attractive new income tax deductions that were packed into the One Big Beautiful Bill Act will need to keep their records — and get ready to file yet another form to ...