They’re not set in stone: Each year, the IRS adjusts the thresholds ... which is a set amount of income that you don’t need to pay federal taxes on. Most taxpayers take the standard deduction, ...

Deductions can make the difference in your tax refund amount. Here's what to know about tax rates for year 2024, how to track ...

would not create a real drop in federal revenues if extended beyond this year, because they are already in place. The cuts, Trump's major legislative accomplishment in his first term, are due to ...

Over the past 70 years, tariffs haven't accounted for much more than 2% of total federal revenue annually, according to the Congressional Research Service. During fiscal year 2024, U.S. Customs ...