Scranton Mayor Paige Gebhardt Cognetti will propose a city operating budget for 2026 that does not raise municipal taxes, she announced Monday. “Following years of responsible fiscal and project ...
The IRS is raising standard deductions for 2026 — up to $32,200 for joint filers and $16,100 for singles — along with larger ...
The IRS has released the 2026 tax brackets, as well as the new standard deductions and several other inflation-related adjustments. Although the marginal tax rates have not changed, the new tax ...
As usual, tax bracket thresholds were raised. Many taxpayers are getting some additional relief beginning this year, though.
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IRS announces income brackets and tax rates for 2026
Another year brings another inflation adjustment for the thresholds that determine how much you owe Uncle Sam.
For 2026, the IRS made inflation-based adjustments of 4% for the lowest of the seven-tiered bracket system and 2.3% for ...
Justice Mugambi declared that KRA’s tax assessment was lawful and that the tribunal erred in declaring it invalid.
The IRS has adjusted federal income tax brackets for the 2026 tax year to account for inflation. Here's what changes and how it could impact your wallet.
Earned Income Tax Credits: The maximum Earned Income Tax Credit (EITC) for tax year 2026 is $8,231 for qualifying taxpayers who have three or more qualifying children. That’s up from $8,046 for tax ...
The widening of income brackets is expected to offer moderate relief to middle-class households, whose wages have gradually risen over the last few years due to inflation and labor market adjustments.
Think you really know how federal income tax brackets work? You’re not alone if you’re not totally sure. A recent survey found that roughly two-thirds of U.S. taxpayers don’t understand how federal ...
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