The Internal Revenue Service (IRS) recently released annual inflation adjustments for tax year 2025, which affect more than 60 tax provisions. As taxpayers prepare for the 2026 tax season, understanding IRS Tax Brackets 2025 changes is important for effective financial planning. Let’s check these significant adjustments outlined in Revenue Procedure 2024-40, including improvements to the … Continue reading IRS Tax Brackets 2024-2025: IRS releases tax inflation adjustments for tax year 2025