Inflation means changes to more than 40 tax provisions, including the income tax brackets.
The IRS’ annual inflation adjustments bump up the amount of money in each income tax bracket for 2014.
The bright side to waiting until Jan. 30 for the IRS to accept 2012 tax returns: You can explore some of 2013’s tax changes.
Lower top income tax rates don’t necessarily lead to greater economic growth. In other words, there is no magic low-tax-rate bullet for the economy.
The president’s proposal to extend Bush tax cuts only to lower-income taxpayers is more popular …
Congress and the president continue to fight over how individual income tax rates should look in 2013. President Barack Obama wants to increase the top two rates, currently at 33 percent and 35 percent, to 36 percent and 39.5 percent, respectively. Congress, and by Congress I mean the Republicans who control the House and who
It’s official. A major campaign plank of President Barack Obama’s re-election effort is tax fairness.