WASHINGTON, DC - APRIL 10: Speaker of the House Mike Johnson (R-LA) speaks at a press conference on the Republican budget bill. (Photo by Kayla Bartkowski/Getty Images) The budget reconciliation bill ...

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 ...

With the passage of Trump's signature tax and spending bill in July, a lot is poised to change tax-wise in the coming year. Among the bill's provisions was making permanent the tax brackets instituted ...

The Tax Policy Center finds that 85% of households will get a tax cut. Here’s how much your after-tax income will increase: for low, middle and high-income earners. After wading through meetings and ...

Ever looked at your paycheck and felt like something was missing? You're not imagining things. Between federal taxes, state levies, Social Security contributions, and everything else the government ...

Effective tax rate is your average tax rate as a percentage of total income. Marginal tax rate is the tax on your highest dollar earned, not your total income. Historically, top marginal rates have ...

Press releases are posted on Independent.com as a free community service. As the April tax filing deadline approaches, millions of Americans are preparing their returns and anticipating potential ...