Oct 9, 2025 · Each year, the IRS updates common tax provisions, such as income tax brackets and the standard deduction, to ensure the tax code is keeping pace with the rising cost of living.

The federal income tax bracket you belong to depends on how much you earned during the year. Provinces and territories have their own tax brackets, which also depend on your income.

Some people may be eligible to file their federal and Virginia state income taxes for free this year via the IRS Direct File program. You can also check to see if you qualify for the IRS Free File ...

This tax system is progressive, which means that income can be taxed at multiple rates, depending on how much you make.

2 days ago · Georgia automatically grants you an extension for your state income tax if you request a federal extension. Just remember to attach the confirmation of Form 4868 or the IRS approval when …

2 days ago · Employers have to withhold taxes — including FICA taxes — from employee paychecks because taxes are a pay-as-you-go arrangement in the United States. When you earn money, the …

The Illinois income tax rate is a flat 4.95%. Unlike the federal government and many other states, Illinois does not have tax brackets that impose higher rates on people who earn more.

Massachusetts is one of a small group of states with a flat income tax rate. This differs from many other states' approaches to personal income tax, which typically tax different portions of your ...

Learn the tax brackets and rates IRS Announces 2026 Income Tax Brackets, Updated Standard Deduction by Bella Avila, Sabrina Parys

Arizona has a flat income tax rate of 2.5%. This rate applies to taxable income earned in 2024, which is reported on 2025 state tax returns. » MORE: See what federal tax bracket you’re in