Personal taxes
- U.S. News
The IRS unveils higher capital gains tax brackets for 2025
Xavier Lorenzo | Moment | Getty Images The IRS has unveiled higher capital gains tax brackets for 2025. In its…
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IRS announces new federal income tax brackets for 2025
Rockaa | E+ | Getty Images Federal tax brackets for 2025 Federal income tax brackets show how much you owe…
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Elon Musk is on track to become a trillionaire by 2027. Here’s why the rich keep getting richer
Elon Musk is on track to become the world’s first trillionaire by 2027, according to a recent report from Informa…
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With 87,000 new agents, here’s who the IRS may target for audits
Jeffrey Coolidge | Photodisc | Getty Images As the Democrats’ spending plan moves closer to a House vote, one of…
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These midyear tax strategies can trim next year’s bill from the IRS and reduce ‘unwelcome surprises’
seksan Mongkhonkhamsao | Moment | Getty Images 1. Review tax withholdings When starting a new job, you fill out Form…
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Retirement tax breaks benefit higher earners, leaving middle-class savers behind, report finds
Fstop123 | E+ | Getty Images Tax breaks designed to boost retirement savings may primarily benefit higher earners, leaving middle-class…
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Tax professionals ‘horrified’ by IRS decision to destroy data on 30 million filers
courtneyk | E+ | Getty Images An audit by the Treasury Inspector General for Tax Administration revealed the IRS has…
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Here’s why a Roth individual retirement account conversion may pay off in a down market
Morsa Images | E+ | Getty Images Soaring inflation, interest rate hikes and the war in Ukraine have sparked ongoing…
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Over 60 million tax returns could be completed automatically, study shows
Tom Werner | DigitalVision | Getty Images The IRS may have the ability to automate nearly half of tax returns,…
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Hit with an unexpected tax bill? It’s time to adjust your withholdings
Georgijevic | E+ | Getty Images If you had a surprise tax bill this filing season, it may be time…
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