The IRS on Monday issued the 2021 annual inflation adjustments for many tax provisions, as well as the 2021 tax rate tables for individuals and estates and trusts (Rev. Proc. 2020-45). These adjusted ...

The IRS on Monday released the updated tax brackets for the 2021 filing season, which have been modified to reflect inflation. Taxpayers fall into one of seven brackets: 10%, 12%, 22%, 24%, 32% ...

Although IRS Publication 17, Your Federal Income Tax, and IRS Publication 970, Tax Benefits for Education, won’t be updated until 2021, the IRS usually publishes the updated federal income tax ...

Your federal income tax bracket is based on your tax filing status and your income. To help you quickly figure out which IRS income tax bracket you’re in, check the IRS federal tax table for 2020: ...

As part of a hot scheme in 2021, identity thieves are targeting tax professionals by sending an email that appears to be from the IRS. The phony email refers to “IRS Tax E-Filing” and ...

Your federal income tax bracket is based on your tax filing status and your income. To help you quickly figure out which IRS income tax bracket you’re in, check the IRS federal tax table for 2021: ...