Income brackets and the standard deduction will increase slightly for the 2026 tax year, the Internal Revenue Service announced Thursday. Tax brackets will rise by about 4% for lower-income ranges and ...

Yes, the due date for your 2025 federal income tax return is still months away. But the go-getters among us are already thinking about our 2026 federal tax returns. It’s never too early to begin ...

On Tuesday, the Internal Revenue Service announced its annual inflation adjustments for 2025, including updates to the federal income tax brackets and standard deduction. The standard deduction — ...

Forbes contributors publish independent expert analyses and insights. I cover changes and new developments in the federal tax law. May 31, 2024, 09:00am EDT May 31, 2024, 09:53am EDT S Corporation ...

Corporations report their total cash payments of income tax — federal, state, and foreign combined — but they don't identify, nor does the IRS reveal, how much federal income tax they pay. We believe, ...

Dozens of large corporations paid more money to their top executives than they shelled out in federal taxes between 2018 and 2022, according to a new watchdog report. The analysis names 35 ...

U.S. federal income tax has progressive brackets ranging from 10% to 37%. Tax deductions and credits can significantly lower taxable income and tax owed. Understanding adjusted, taxable incomes, and ...