Let's be clear: taxes are not dropping across the board in 2025. The tax rates shown below are the same as they were in 2024 ...

Making more money that pushes you into a higher marginal tax bracket will mean additional taxes owed, but it will not lower ...

In Georgia, distributions from retirement accounts such as 401 (k) s, 403 (b)s and IRAs are subject to state income tax.

The number of taxpayers filing individual income tax returns is projected to increase by about 10,000,000 over the next eight ...

Accounting Today is a leading provider of online business news for the accounting community, offering breaking news, in-depth ...

When filing taxes next year on 2024 income, the standard deduction will increase for married couples and for single taxpayers ...

The income tax department has announced a 15-day extension for corporates to file their income tax returns, moving the ...

The IRS has adjusted federal income tax bracket ranges for the 2025 tax year to account for inflation. Here's what you need ...

The IRS is expanding its Direct File pilot program to 24 new states for the 2025 tax filing season. This initiative aims to ...

The IRS also boosted figures for dozens of other provisions, including long-term capital gains brackets, estate and gift tax ...

The standard deduction — which is the amount of money you can reduce from your income before it's taxed, if you choose not to ...

Gov. Glenn Youngkin wants to replace Virginia's outdated tax management system before he'll consider letting the state participate in a program to let taxpayers file federal returns directly.