The IRS on Thursday provided annual inflation adjustments for more than 60 tax provisions for tax year 2026 and increases to the standard deduction for tax year 2025 as prescribed in H.R. 1, P.L.

Text Callout : Key Takeaways - How to Calculate Your Effective Tax Rate Your effective tax rate is a good indicator of how well you’ve been managing your tax situation. It’s smart to calculate your ...

Taylor Tepper covered banking, investing and pretty much everything else in personal finance for more than a decade, with his work appearing in the New York Times, Fortune and MONEY magazine, as well ...

A tax rate is a measurement used to calculate the amount of tax an individual or organization pays. The tax rate can be a percentage or fixed amount, and tax rates can vary depending on income level, ...

Your marginal tax rate is the highest rate applied to your income. Understanding your marginal tax rate aids in financial decision-making. Other taxes like payroll and state taxes also impact your ...

PARKERSBURG At least four groups are in opposition to a bill in the West Virginia House of Delegates that proposes a reduction in the consumer state sales tax, but removes the exemptions for ...

Selling an asset for a profit is a cause for celebration until, of course, you have to deal with taxes. The Internal Revenue Service views that profit as taxable income, and this amount needs to be ...

In return, Crown says it has agreed to a phased increase in the tax rate on electronic gaming machines - pokies. The changes are the result of negotiations between Crown and the Victorian Government ...