Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag The IRS raises standard deductions and adjusts tax brackets upward by 2.75% for 2024 and 2025 filings.

flag The IRS has announced changes for 2024 and 2025 tax filings, including increased standard deductions and a 2.75% rise in tax brackets for various income levels. flag For 2024, single filers see a $750 increase to $14,600, while married couples filing jointly receive a $1,500 increase to $29,200. flag Tax brackets for 2025 will also rise by approximately 2.75% for both single and joint filers. flag These adjustments aim to account for inflation and may affect tax liabilities.

49 Articles