Another year brings another inflation adjustment for the thresholds that determine how much you owe Uncle Sam.

Tax bracket adjustments for the 2025 tax year — including federal income tax brackets — increased by an average of around 2.8 ...

On Jan. 1, eight states will reduce individual income tax rates, and Ohio will transition to a single-rate income tax, ...

In 2024, federal income tax rates remain at 10%, 12%, 22%, 24%, 32%, 35%, and 37%. While these rates stay the same for 2025, the income thresholds for each bracket will adjust for inflation. However, ...

The Department of Revenue says Minnesota taxpayers will see tax brackets change by 2.369% from tax year 2025, to protect ...