That’s based on the annual inflation adjustment—this year at nearly 7%—that the Internal Revenue Service (IRS) announced Tuesday for 2023 income tax brackets and other tax thresholds.

The Internal Revenue Service (IRS) has released the new tax brackets and standard deduction amounts for the 2025 tax year, ...

Inflation Reduction Act, Congress boosted the Internal Revenue Service’s funding by nearly $80 billion over a ten-year span ...

While the percentage of tax per bracket remains the same as last year, inflation means the amounts in these brackets has changed.

The Internal Revenue Service (IRS) has released its annual inflation adjustments for the 2025 tax year, providing crucial updates that will affect taxpayers when they file their returns in 2026.

The continuing resolution that the Senate narrowly approved included the extension of a $20.2 billion rescission in the Internal Revenue Service's budget.

The tax agency used millions in funds set aside for business systems modernization on the operations and maintenance of multiple legacy IT systems, a new report found.

The Internal Revenue Service ordered customer service employees back to the office. There was just one problem: not enough desks.

Given Elon Musk's attitude toward government overspending -- he's posted on the social media site X that he thinks it's a ...